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This property looks like a bad Long-Term investment with a projected -14.13% first-year return on $84,000 initial cash invested.
-14.13%
Cash On Cash
3.63%
Cap Rate
0.58
DSCR
$2,135
Rent
-$989
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,135 income − $3,124 expenses = $989 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,135
Total Expenses
$3,124
Mortgage P&I
98%
$2,091
Property Taxes
16%
$337
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0