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This property looks like a bad Long-Term investment with a projected -13.25% first-year return on $59,514 initial cash invested.
-13.25%
Cash On Cash
4.29%
Cap Rate
0.64
DSCR
$2,000
Rent
-$657
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,000 income − $2,657 expenses = $657 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,514
Downpayment
20%
$56,680
Closing costs
1%
$2,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$2,657
Mortgage P&I
78%
$1,569
Property Taxes
22%
$448
Home Insurance
5%
$100
HOA
1%
$20
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0