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This property looks like a bad Long-Term investment with a projected -6.65% first-year return on $90,006 initial cash invested.
-6.65%
Cash On Cash
5.01%
Cap Rate
0.83
DSCR
$2,704
Rent
-$499
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,704 income − $3,203 expenses = $499 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$90,006
Downpayment
20%
$85,720
Closing costs
1%
$4,286
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,704
Total Expenses
$3,203
Mortgage P&I
80%
$2,152
Property Taxes
7%
$200
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0