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This property looks like a bad Long-Term investment with a projected -11.8% first-year return on $89,019 initial cash invested.
-11.8%
Cash On Cash
3.76%
Cap Rate
0.63
DSCR
$2,113
Rent
-$875
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,113 income − $2,988 expenses = $875 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,019
Downpayment
20%
$84,780
Closing costs
1%
$4,239
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,113
Total Expenses
$2,988
Mortgage P&I
99%
$2,096
Property Taxes
9%
$190
Home Insurance
7%
$152
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0