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This property looks like a bad Long-Term investment with a projected -6.98% first-year return on $59,829 initial cash invested.
-6.98%
Cash On Cash
5.05%
Cap Rate
0.84
DSCR
$2,308
Rent
-$348
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,308 income − $2,656 expenses = $348 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,308
Total Expenses
$2,656
Mortgage P&I
62%
$1,433
Property Taxes
23%
$523
Home Insurance
4%
$101
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0