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This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $58,798 initial cash invested.
-8.78%
Cash On Cash
4.5%
Cap Rate
0.76
DSCR
$2,010
Rent
-$430
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,010 income − $2,440 expenses = $430 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,798
Downpayment
20%
$55,998
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,010
Total Expenses
$2,440
Mortgage P&I
69%
$1,379
Property Taxes
19%
$383
Home Insurance
5%
$98
HOA
3%
$58
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0