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This property looks like a bad Long-Term investment with a projected -12.71% first-year return on $89,040 initial cash invested.
-12.71%
Cash On Cash
3.68%
Cap Rate
0.61
DSCR
$2,325
Rent
-$943
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,325 income − $3,268 expenses = $943 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,325
Total Expenses
$3,268
Mortgage P&I
91%
$2,127
Property Taxes
17%
$387
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0