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This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $84,000 initial cash invested.
-12.24%
Cash On Cash
3.51%
Cap Rate
0.61
DSCR
$1,985
Rent
-$857
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,985
Total Expenses
$2,842
Mortgage P&I
97%
$1,929
Property Taxes
13%
$249
Home Insurance
7%
$145
HOA
0%
$4
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0