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This property looks like a bad Long-Term investment with a projected -7.12% first-year return on $54,599 initial cash invested.
-7.12%
Cash On Cash
5.5%
Cap Rate
0.85
DSCR
$2,304
Rent
-$324
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,304 income − $2,628 expenses = $324 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,599
Downpayment
20%
$51,999
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,304
Total Expenses
$2,628
Mortgage P&I
61%
$1,401
Property Taxes
23%
$538
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0