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This property looks like a bad Long-Term investment with a projected -14.25% first-year return on $83,979 initial cash invested.
-14.25%
Cash On Cash
3.38%
Cap Rate
0.56
DSCR
$2,195
Rent
-$997
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,195 income − $3,192 expenses = $997 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,195
Total Expenses
$3,192
Mortgage P&I
92%
$2,013
Property Taxes
21%
$467
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0