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This property looks like a bad Long-Term investment with a projected -3.66% first-year return on $58,317 initial cash invested.
-3.66%
Cash On Cash
5.79%
Cap Rate
0.95
DSCR
$2,200
Rent
-$178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,200 income − $2,378 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,317
Downpayment
20%
$55,540
Closing costs
1%
$2,777
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,200
Total Expenses
$2,378
Mortgage P&I
64%
$1,408
Property Taxes
14%
$298
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0