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This property looks like a bad Long-Term investment with a projected -8.91% first-year return on $89,124 initial cash invested.
-8.91%
Cash On Cash
4.47%
Cap Rate
0.74
DSCR
$2,359
Rent
-$662
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,359 income − $3,021 expenses = $662 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,359
Total Expenses
$3,021
Mortgage P&I
90%
$2,124
Property Taxes
5%
$110
Home Insurance
6%
$152
HOA
1%
$21
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0