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This property looks like a bad Long-Term investment with a projected -16.04% first-year return on $98,699 initial cash invested.
-16.04%
Cash On Cash
3.62%
Cap Rate
0.54
DSCR
$2,238
Rent
-$1,319
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,238 income − $3,557 expenses = $1,319 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,699
Downpayment
20%
$93,999
Closing costs
1%
$4,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,238
Total Expenses
$3,557
Mortgage P&I
117%
$2,626
Property Taxes
5%
$121
Home Insurance
7%
$164
HOA
3%
$64
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0