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This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $84,000 initial cash invested.
-11.03%
Cash On Cash
4.22%
Cap Rate
0.68
DSCR
$2,450
Rent
-$772
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,450 income − $3,222 expenses = $772 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,450
Total Expenses
$3,222
Mortgage P&I
84%
$2,056
Property Taxes
16%
$390
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$122
Vacancy
6%
$147
Maintenance
5%
$122
Other
0%
$0