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This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $98,595 initial cash invested.
-9.88%
Cash On Cash
4.28%
Cap Rate
0.71
DSCR
$2,689
Rent
-$812
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,689 income − $3,501 expenses = $812 out of pocket
Investment Breakdown
|
Purchase Price
$470k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$98,595
Downpayment
20%
$93,900
Closing costs
1%
$4,695
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,689
Total Expenses
$3,501
Mortgage P&I
87%
$2,351
Property Taxes
9%
$254
Home Insurance
7%
$175
HOA
1%
$23
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0