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This property looks like a bad Long-Term investment with a projected -2.74% first-year return on $88,767 initial cash invested.
-2.74%
Cash On Cash
5.8%
Cap Rate
0.99
DSCR
$3,497
Rent
-$203
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.2%
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
$3,497
Total Expenses
$3,700
Mortgage P&I
59%
$2,072
Property Taxes
17%
$596
Home Insurance
3%
$122
HOA
0%
$0
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0