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This property looks like a bad Long-Term investment with a projected -5.59% first-year return on $59,661 initial cash invested.
-5.59%
Cash On Cash
5.38%
Cap Rate
0.89
DSCR
$2,269
Rent
-$278
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,269 income − $2,547 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,661
Downpayment
20%
$56,820
Closing costs
1%
$2,841
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,269
Total Expenses
$2,547
Mortgage P&I
63%
$1,439
Property Taxes
19%
$421
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0