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This property looks like a bad Long-Term investment with a projected -14.35% first-year return on $98,679 initial cash invested.
-14.35%
Cash On Cash
3.7%
Cap Rate
0.58
DSCR
$2,831
Rent
-$1,180
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,831 income − $4,011 expenses = $1,180 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,679
Downpayment
20%
$93,980
Closing costs
1%
$4,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,831
Total Expenses
$4,011
Mortgage P&I
88%
$2,487
Property Taxes
16%
$458
Home Insurance
6%
$164
HOA
6%
$165
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0