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This property looks like a bad Long-Term investment with a projected -13.06% first-year return on $88,200 initial cash invested.
-13.06%
Cash On Cash
3.59%
Cap Rate
0.59
DSCR
$2,070
Rent
-$960
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,070 income − $3,030 expenses = $960 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,200
Downpayment
20%
$84,000
Closing costs
1%
$4,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,070
Total Expenses
$3,030
Mortgage P&I
102%
$2,113
Property Taxes
6%
$126
Home Insurance
7%
$147
HOA
5%
$105
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0