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This property looks like a bad Long-Term investment with a projected -8.51% first-year return on $88,242 initial cash invested.
-8.51%
Cash On Cash
4.54%
Cap Rate
0.76
DSCR
$2,494
Rent
-$626
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,494 income − $3,120 expenses = $626 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,242
Downpayment
20%
$84,040
Closing costs
1%
$4,202
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,494
Total Expenses
$3,120
Mortgage P&I
84%
$2,091
Property Taxes
9%
$214
Home Insurance
6%
$149
HOA
1%
$17
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0