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This property looks like a bad Long-Term investment with a projected -10.92% first-year return on $58,800 initial cash invested.
-10.92%
Cash On Cash
4.34%
Cap Rate
0.71
DSCR
$2,342
Rent
-$535
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,342 income − $2,877 expenses = $535 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,342
Total Expenses
$2,877
Mortgage P&I
61%
$1,431
Property Taxes
32%
$739
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0