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This property looks like a bad Long-Term investment with a projected -11.45% first-year return on $58,800 initial cash invested.
-11.45%
Cash On Cash
4.03%
Cap Rate
0.66
DSCR
$1,509
Rent
-$561
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,509 income − $2,070 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,509
Total Expenses
$2,070
Mortgage P&I
95%
$1,427
Property Taxes
10%
$151
Home Insurance
7%
$100
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$91
Maintenance
5%
$75
Other
0%
$0