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This property looks like a bad Long-Term investment with a projected -2.85% first-year return on $83,475 initial cash invested.
-2.85%
Cash On Cash
5.77%
Cap Rate
0.97
DSCR
$2,689
Rent
-$198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,689 income − $2,887 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,475
Downpayment
20%
$79,500
Closing costs
1%
$3,975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,689
Total Expenses
$2,887
Mortgage P&I
73%
$1,974
Property Taxes
3%
$76
Home Insurance
5%
$139
HOA
0%
$0
Property Management
10%
$269
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0