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This property looks like a bad Long-Term investment with a projected -20.72% first-year return on $89,061 initial cash invested.
-20.72%
Cash On Cash
2.04%
Cap Rate
0.34
DSCR
$2,170
Rent
-$1,538
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,170 income − $3,708 expenses = $1,538 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,061
Downpayment
20%
$84,820
Closing costs
1%
$4,241
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,170
Total Expenses
$3,708
Mortgage P&I
99%
$2,152
Property Taxes
36%
$786
Home Insurance
7%
$152
HOA
3%
$55
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0