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This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $88,830 initial cash invested.
-11.56%
Cash On Cash
3.81%
Cap Rate
0.65
DSCR
$2,343
Rent
-$856
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,343 income − $3,199 expenses = $856 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,830
Downpayment
20%
$84,600
Closing costs
1%
$4,230
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,343
Total Expenses
$3,199
Mortgage P&I
89%
$2,082
Property Taxes
15%
$360
Home Insurance
6%
$148
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0