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This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $96,579 initial cash invested.
-14.02%
Cash On Cash
3.6%
Cap Rate
0.58
DSCR
$2,223
Rent
-$1,128
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,223 income − $3,351 expenses = $1,128 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,579
Downpayment
20%
$91,980
Closing costs
1%
$4,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,223
Total Expenses
$3,351
Mortgage P&I
108%
$2,395
Property Taxes
10%
$218
Home Insurance
7%
$161
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0