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This property looks like a bad Long-Term investment with a projected -5.61% first-year return on $84,420 initial cash invested.
-5.61%
Cash On Cash
5.24%
Cap Rate
0.88
DSCR
$2,953
Rent
-$395
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,953 income − $3,348 expenses = $395 out of pocket
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,420
Downpayment
20%
$80,400
Closing costs
1%
$4,020
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,953
Total Expenses
$3,348
Mortgage P&I
68%
$2,004
Property Taxes
15%
$438
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$295
CapEx
5%
$148
Vacancy
6%
$177
Maintenance
5%
$148
Other
0%
$0