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This property looks like a bad Long-Term investment with a projected -6.8% first-year return on $58,380 initial cash invested.
-6.8%
Cash On Cash
5.45%
Cap Rate
0.85
DSCR
$2,271
Rent
-$331
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,271 income − $2,602 expenses = $331 out of pocket
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,380
Downpayment
20%
$55,600
Closing costs
1%
$2,780
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$2,602
Mortgage P&I
65%
$1,480
Property Taxes
18%
$404
Home Insurance
4%
$97
HOA
1%
$30
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0