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This property looks like a bad Long-Term investment with a projected -14.27% first-year return on $58,800 initial cash invested.
-14.27%
Cash On Cash
3.47%
Cap Rate
0.58
DSCR
$2,051
Rent
-$699
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,051 income − $2,750 expenses = $699 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,051
Total Expenses
$2,750
Mortgage P&I
69%
$1,405
Property Taxes
32%
$646
Home Insurance
5%
$98
HOA
3%
$67
Property Management
10%
$205
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0