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This property looks like a bad Long-Term investment with a projected -3.96% first-year return on $58,779 initial cash invested.
-3.96%
Cash On Cash
5.72%
Cap Rate
0.93
DSCR
$2,009
Rent
-$194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,009 income − $2,203 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$2,203
Mortgage P&I
71%
$1,429
Property Taxes
8%
$154
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0