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This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $88,767 initial cash invested.
-9.06%
Cash On Cash
4.47%
Cap Rate
0.74
DSCR
$2,393
Rent
-$670
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,393 income − $3,063 expenses = $670 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,767
Downpayment
20%
$84,540
Closing costs
1%
$4,227
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,393
Total Expenses
$3,063
Mortgage P&I
89%
$2,124
Property Taxes
7%
$167
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0