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This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $89,124 initial cash invested.
-10.04%
Cash On Cash
4.15%
Cap Rate
0.7
DSCR
$2,174
Rent
-$746
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,174 income − $2,920 expenses = $746 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,174
Total Expenses
$2,920
Mortgage P&I
97%
$2,104
Property Taxes
2%
$47
Home Insurance
7%
$154
HOA
2%
$50
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0