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This property looks like a bad Long-Term investment with a projected -6.44% first-year return on $59,829 initial cash invested.
-6.44%
Cash On Cash
5.69%
Cap Rate
0.87
DSCR
$2,353
Rent
-$321
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,353 income − $2,674 expenses = $321 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,353
Total Expenses
$2,674
Mortgage P&I
66%
$1,553
Property Taxes
18%
$421
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0