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This property looks like a bad Long-Term investment with a projected -3.02% first-year return on $59,682 initial cash invested.
-3.02%
Cash On Cash
6.35%
Cap Rate
0.98
DSCR
$2,251
Rent
-$150
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,251 income − $2,401 expenses = $150 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,682
Downpayment
20%
$56,840
Closing costs
1%
$2,842
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,251
Total Expenses
$2,401
Mortgage P&I
68%
$1,541
Property Taxes
7%
$158
Home Insurance
5%
$116
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0