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This property looks like a bad Long-Term investment with a projected -7.55% first-year return on $58,800 initial cash invested.
-7.55%
Cash On Cash
5.13%
Cap Rate
0.81
DSCR
$1,823
Rent
-$370
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,823 income − $2,193 expenses = $370 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,823
Total Expenses
$2,193
Mortgage P&I
81%
$1,477
Property Taxes
8%
$143
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0