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This property looks like a bad Long-Term investment with a projected -6.23% first-year return on $59,535 initial cash invested.
-6.23%
Cash On Cash
5.04%
Cap Rate
0.85
DSCR
$1,896
Rent
-$309
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,896 income − $2,205 expenses = $309 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,535
Downpayment
20%
$56,700
Closing costs
1%
$2,835
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,896
Total Expenses
$2,205
Mortgage P&I
74%
$1,404
Property Taxes
11%
$206
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0