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This property looks like a bad Long-Term investment with a projected -6.53% first-year return on $58,590 initial cash invested.
-6.53%
Cash On Cash
5.3%
Cap Rate
0.86
DSCR
$2,434
Rent
-$319
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,434 income − $2,753 expenses = $319 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,434
Total Expenses
$2,753
Mortgage P&I
59%
$1,429
Property Taxes
24%
$593
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0