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This property looks like a bad Long-Term investment with a projected -9.7% first-year return on $83,979 initial cash invested.
-9.7%
Cash On Cash
4.15%
Cap Rate
0.71
DSCR
$2,303
Rent
-$679
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,303 income − $2,982 expenses = $679 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,303
Total Expenses
$2,982
Mortgage P&I
85%
$1,948
Property Taxes
13%
$296
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0