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This property looks like a bad Long-Term investment with a projected -7.37% first-year return on $98,700 initial cash invested.
-7.37%
Cash On Cash
4.93%
Cap Rate
0.82
DSCR
$3,350
Rent
-$606
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,350 income − $3,956 expenses = $606 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,700
Downpayment
20%
$94,000
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,350
Total Expenses
$3,956
Mortgage P&I
71%
$2,369
Property Taxes
16%
$549
Home Insurance
5%
$166
HOA
0%
$0
Property Management
10%
$335
CapEx
5%
$168
Vacancy
6%
$201
Maintenance
5%
$168
Other
0%
$0