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This property looks like a bad Long-Term investment with a projected -14.33% first-year return on $58,800 initial cash invested.
-14.33%
Cash On Cash
3.35%
Cap Rate
0.55
DSCR
$1,213
Rent
-$702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,213 income − $1,915 expenses = $702 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
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
$1,213
Total Expenses
$1,915
Mortgage P&I
117%
$1,422
Property Taxes
7%
$79
Home Insurance
8%
$98
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0