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This property looks like a bad Long-Term investment with a projected -14.03% first-year return on $84,924 initial cash invested.
-14.03%
Cash On Cash
3.64%
Cap Rate
0.58
DSCR
$2,393
Rent
-$993
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,393 income − $3,386 expenses = $993 out of pocket
Investment Breakdown
|
Purchase Price
$404k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,924
Downpayment
20%
$80,880
Closing costs
1%
$4,044
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,393
Total Expenses
$3,386
Mortgage P&I
88%
$2,098
Property Taxes
22%
$521
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0