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This property looks like a bad Long-Term investment with a projected -14.33% first-year return on $88,998 initial cash invested.
-14.33%
Cash On Cash
3.38%
Cap Rate
0.55
DSCR
$1,966
Rent
-$1,063
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,966 income − $3,029 expenses = $1,063 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,998
Downpayment
20%
$84,760
Closing costs
1%
$4,238
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,966
Total Expenses
$3,029
Mortgage P&I
110%
$2,157
Property Taxes
11%
$209
Home Insurance
8%
$152
HOA
0%
$0
Property Management
10%
$197
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0