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This property looks like a bad Long-Term investment with a projected -9.34% first-year return on $88,515 initial cash invested.
-9.34%
Cash On Cash
4.81%
Cap Rate
0.75
DSCR
$2,814
Rent
-$689
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,814 income − $3,503 expenses = $689 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,515
Downpayment
20%
$84,300
Closing costs
1%
$4,215
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,814
Total Expenses
$3,503
Mortgage P&I
79%
$2,236
Property Taxes
13%
$375
Home Insurance
5%
$152
HOA
0%
$8
Property Management
10%
$281
CapEx
5%
$141
Vacancy
6%
$169
Maintenance
5%
$141
Other
0%
$0