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This property looks like a bad Long-Term investment with a projected -7.33% first-year return on $58,590 initial cash invested.
-7.33%
Cash On Cash
5.04%
Cap Rate
0.83
DSCR
$2,242
Rent
-$358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,242 income − $2,600 expenses = $358 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,242
Total Expenses
$2,600
Mortgage P&I
63%
$1,417
Property Taxes
23%
$512
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0