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This property looks like a bad Long-Term investment with a projected -8.57% first-year return on $84,000 initial cash invested.
-8.57%
Cash On Cash
4.49%
Cap Rate
0.76
DSCR
$2,404
Rent
-$600
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,404 income − $3,004 expenses = $600 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,404
Total Expenses
$3,004
Mortgage P&I
82%
$1,977
Property Taxes
11%
$263
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0