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This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $96,600 initial cash invested.
-10.55%
Cash On Cash
4.26%
Cap Rate
0.69
DSCR
$2,642
Rent
-$849
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,642 income − $3,491 expenses = $849 out of pocket
Investment Breakdown
|
Purchase Price
$460k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$96,600
Downpayment
20%
$92,000
Closing costs
1%
$4,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,642
Total Expenses
$3,491
Mortgage P&I
89%
$2,350
Property Taxes
10%
$255
Home Insurance
6%
$161
HOA
1%
$38
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0