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This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $58,821 initial cash invested.
-3.41%
Cash On Cash
6.41%
Cap Rate
0.97
DSCR
$2,470
Rent
-$167
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,470 income − $2,637 expenses = $167 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,821
Downpayment
20%
$56,020
Closing costs
1%
$2,801
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,470
Total Expenses
$2,637
Mortgage P&I
62%
$1,539
Property Taxes
14%
$357
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0