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This property looks like a bad Long-Term investment with a projected -12.64% first-year return on $89,040 initial cash invested.
-12.64%
Cash On Cash
4.35%
Cap Rate
0.65
DSCR
$2,289
Rent
-$938
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,289 income − $3,227 expenses = $938 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,040
Downpayment
20%
$84,800
Closing costs
1%
$4,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,289
Total Expenses
$3,227
Mortgage P&I
103%
$2,362
Property Taxes
2%
$56
Home Insurance
6%
$148
HOA
3%
$67
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0