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This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $58,800 initial cash invested.
-9.45%
Cash On Cash
5.02%
Cap Rate
0.76
DSCR
$2,001
Rent
-$463
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,001 income − $2,464 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,001
Total Expenses
$2,464
Mortgage P&I
77%
$1,535
Property Taxes
15%
$308
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0