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This property looks like a bad Long-Term investment with a projected -10.8% first-year return on $58,800 initial cash invested.
-10.8%
Cash On Cash
4.57%
Cap Rate
0.71
DSCR
$2,080
Rent
-$529
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,080 income − $2,609 expenses = $529 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,080
Total Expenses
$2,609
Mortgage P&I
72%
$1,491
Property Taxes
23%
$479
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0