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This property looks like a bad Long-Term investment with a projected -14.04% first-year return on $88,809 initial cash invested.
-14.04%
Cash On Cash
3.37%
Cap Rate
0.56
DSCR
$2,254
Rent
-$1,039
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,254 income − $3,293 expenses = $1,039 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,809
Downpayment
20%
$84,580
Closing costs
1%
$4,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,254
Total Expenses
$3,293
Mortgage P&I
94%
$2,112
Property Taxes
17%
$383
Home Insurance
6%
$145
HOA
3%
$67
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0