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This property looks like a bad Long-Term investment with a projected -6.49% first-year return on $88,578 initial cash invested.
-6.49%
Cash On Cash
4.88%
Cap Rate
0.83
DSCR
$2,438
Rent
-$479
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,438 income − $2,917 expenses = $479 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,578
Downpayment
20%
$84,360
Closing costs
1%
$4,218
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,438
Total Expenses
$2,917
Mortgage P&I
85%
$2,073
Property Taxes
2%
$60
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0