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This property looks like a bad Long-Term investment with a projected -13.94% first-year return on $96,600 initial cash invested.
-13.94%
Cash On Cash
3.4%
Cap Rate
0.57
DSCR
$2,371
Rent
-$1,122
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,371 income − $3,493 expenses = $1,122 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,600
Downpayment
20%
$92,000
Closing costs
1%
$4,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,371
Total Expenses
$3,493
Mortgage P&I
97%
$2,308
Property Taxes
16%
$390
Home Insurance
6%
$140
HOA
2%
$38
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0