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This property looks like a bad Long-Term investment with a projected -3.58% first-year return on $81,690 initial cash invested.
-3.58%
Cash On Cash
5.59%
Cap Rate
0.94
DSCR
$2,596
Rent
-$244
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,596 income − $2,840 expenses = $244 out of pocket
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,690
Downpayment
20%
$77,800
Closing costs
1%
$3,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,596
Total Expenses
$2,840
Mortgage P&I
74%
$1,925
Property Taxes
4%
$103
Home Insurance
5%
$136
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0