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This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $89,082 initial cash invested.
-10.17%
Cash On Cash
4.35%
Cap Rate
0.71
DSCR
$2,499
Rent
-$755
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,499 income − $3,254 expenses = $755 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,082
Downpayment
20%
$84,840
Closing costs
1%
$4,242
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,499
Total Expenses
$3,254
Mortgage P&I
87%
$2,166
Property Taxes
12%
$310
Home Insurance
5%
$128
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0