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This property looks like a bad Long-Term investment with a projected -7.06% first-year return on $58,842 initial cash invested.
-7.06%
Cash On Cash
5.01%
Cap Rate
0.83
DSCR
$1,986
Rent
-$346
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,986 income − $2,332 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,842
Downpayment
20%
$56,040
Closing costs
1%
$2,802
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,986
Total Expenses
$2,332
Mortgage P&I
71%
$1,418
Property Taxes
14%
$279
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0