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This property looks like a bad Long-Term investment with a projected -16.99% first-year return on $58,779 initial cash invested.
-16.99%
Cash On Cash
3.03%
Cap Rate
0.48
DSCR
$1,502
Rent
-$832
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,502 income − $2,334 expenses = $832 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,502
Total Expenses
$2,334
Mortgage P&I
97%
$1,463
Property Taxes
25%
$375
Home Insurance
7%
$98
HOA
1%
$8
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0