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This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $58,590 initial cash invested.
-6.74%
Cash On Cash
5.28%
Cap Rate
0.84
DSCR
$2,044
Rent
-$329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,044 income − $2,373 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,044
Total Expenses
$2,373
Mortgage P&I
71%
$1,454
Property Taxes
14%
$290
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0