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This property looks like a bad Long-Term investment with a projected -9.08% first-year return on $58,779 initial cash invested.

-9.08%

Cash On Cash

4.48%

Cap Rate

0.74

DSCR

$1,640

Rent

-$445

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,640 income − $2,085 expenses = $445 out of pocket

Income$1,640Out of Pocket$445Mortgage P&I$1,40986%Property Taxes$1529%Insurance$986%Management$16410%CapEx$825%Vacancy$986%Maintenance$825%

Investment Breakdown

|

Purchase Price

$280k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,779

Downpayment

20%

$55,980

Closing costs

1%

$2,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$2,085

Mortgage P&I

86%

$1,409

Property Taxes

9%

$152

Home Insurance

6%

$98

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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