Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -11.68% first-year return on $98,616 initial cash invested.
-11.68%
Cash On Cash
3.93%
Cap Rate
0.65
DSCR
$2,670
Rent
-$960
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,670 income − $3,630 expenses = $960 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,616
Downpayment
20%
$93,920
Closing costs
1%
$4,696
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,670
Total Expenses
$3,630
Mortgage P&I
88%
$2,362
Property Taxes
12%
$327
Home Insurance
6%
$168
HOA
3%
$78
Property Management
10%
$267
CapEx
5%
$134
Vacancy
6%
$160
Maintenance
5%
$134
Other
0%
$0