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This property looks like a bad Long-Term investment with a projected -11.5% first-year return on $88,809 initial cash invested.
-11.5%
Cash On Cash
3.85%
Cap Rate
0.65
DSCR
$2,413
Rent
-$851
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,413 income − $3,264 expenses = $851 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,809
Downpayment
20%
$84,580
Closing costs
1%
$4,229
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,413
Total Expenses
$3,264
Mortgage P&I
87%
$2,088
Property Taxes
12%
$286
Home Insurance
6%
$152
HOA
5%
$110
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0