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This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $83,979 initial cash invested.
-9.12%
Cash On Cash
4.63%
Cap Rate
0.75
DSCR
$2,338
Rent
-$638
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,338 income − $2,976 expenses = $638 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,338
Total Expenses
$2,976
Mortgage P&I
88%
$2,064
Property Taxes
7%
$164
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0