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This property looks like a bad Long-Term investment with a projected -11.92% first-year return on $98,698 initial cash invested.
-11.92%
Cash On Cash
3.83%
Cap Rate
0.64
DSCR
$2,489
Rent
-$980
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,489 income − $3,469 expenses = $980 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,698
Downpayment
20%
$93,998
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,489
Total Expenses
$3,469
Mortgage P&I
95%
$2,357
Property Taxes
12%
$302
Home Insurance
7%
$164
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0