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This property looks like a bad Long-Term investment with a projected -3.64% first-year return on $58,758 initial cash invested.
-3.64%
Cash On Cash
5.65%
Cap Rate
0.96
DSCR
$2,343
Rent
-$178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,343 income − $2,521 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,758
Downpayment
20%
$55,960
Closing costs
1%
$2,798
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,343
Total Expenses
$2,521
Mortgage P&I
59%
$1,379
Property Taxes
13%
$302
Home Insurance
4%
$102
HOA
6%
$129
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0