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This property looks like a bad Long-Term investment with a projected -6.28% first-year return on $59,661 initial cash invested.

-6.28%

Cash On Cash

5.04%

Cap Rate

0.85

DSCR

$2,110

Rent

-$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$284k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,661

Downpayment

20%

$56,820

Closing costs

1%

$2,841

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,110

Total Expenses

$2,422

Mortgage P&I

66%

$1,400

Property Taxes

18%

$374

Home Insurance

5%

$98

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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