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This property looks like a bad Long-Term investment with a projected -6.24% first-year return on $83,979 initial cash invested.
-6.24%
Cash On Cash
5.25%
Cap Rate
0.86
DSCR
$2,906
Rent
-$437
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,906 income − $3,343 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,906
Total Expenses
$3,343
Mortgage P&I
70%
$2,042
Property Taxes
14%
$406
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0