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This property looks like a bad Long-Term investment with a projected -6.41% first-year return on $83,496 initial cash invested.
-6.41%
Cash On Cash
5.15%
Cap Rate
0.85
DSCR
$3,039
Rent
-$446
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,039 income − $3,485 expenses = $446 out of pocket
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,496
Downpayment
20%
$79,520
Closing costs
1%
$3,976
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,039
Total Expenses
$3,485
Mortgage P&I
66%
$2,000
Property Taxes
18%
$555
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0