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This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $58,611 initial cash invested.
-6.74%
Cash On Cash
5.16%
Cap Rate
0.85
DSCR
$2,212
Rent
-$329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,212 income − $2,541 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,611
Downpayment
20%
$55,820
Closing costs
1%
$2,791
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,212
Total Expenses
$2,541
Mortgage P&I
64%
$1,417
Property Taxes
21%
$460
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0