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This property looks like a bad Long-Term investment with a projected -8.17% first-year return on $89,040 initial cash invested.
-8.17%
Cash On Cash
4.57%
Cap Rate
0.77
DSCR
$2,661
Rent
-$606
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,661 income − $3,267 expenses = $606 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,040
Downpayment
20%
$84,800
Closing costs
1%
$4,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,661
Total Expenses
$3,267
Mortgage P&I
79%
$2,089
Property Taxes
12%
$325
Home Insurance
6%
$161
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0