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This property looks like a bad Long-Term investment with a projected -10.94% first-year return on $89,061 initial cash invested.
-10.94%
Cash On Cash
4.66%
Cap Rate
0.71
DSCR
$2,520
Rent
-$812
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,520 income − $3,332 expenses = $812 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,061
Downpayment
20%
$84,820
Closing costs
1%
$4,241
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,520
Total Expenses
$3,332
Mortgage P&I
93%
$2,334
Property Taxes
8%
$193
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0