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This property looks like a bad Long-Term investment with a projected -4.24% first-year return on $59,367 initial cash invested.
-4.24%
Cash On Cash
5.56%
Cap Rate
0.92
DSCR
$2,052
Rent
-$210
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,052 income − $2,262 expenses = $210 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,367
Downpayment
20%
$56,540
Closing costs
1%
$2,827
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,052
Total Expenses
$2,262
Mortgage P&I
69%
$1,416
Property Taxes
10%
$210
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0