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This property looks like a bad Long-Term investment with a projected -9.36% first-year return on $59,640 initial cash invested.
-9.36%
Cash On Cash
5.09%
Cap Rate
0.77
DSCR
$2,008
Rent
-$465
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,008 income − $2,473 expenses = $465 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,640
Downpayment
20%
$56,800
Closing costs
1%
$2,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,008
Total Expenses
$2,473
Mortgage P&I
78%
$1,569
Property Taxes
14%
$281
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0