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This property looks like a bad Long-Term investment with a projected -11.7% first-year return on $98,658 initial cash invested.
-11.7%
Cash On Cash
3.65%
Cap Rate
0.63
DSCR
$2,492
Rent
-$962
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,658
Downpayment
20%
$93,960
Closing costs
1%
$4,698
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,492
Total Expenses
$3,454
Mortgage P&I
91%
$2,267
Property Taxes
15%
$372
Home Insurance
7%
$166
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0