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This property looks like a bad Long-Term investment with a projected -6.82% first-year return on $58,798 initial cash invested.
-6.82%
Cash On Cash
5.23%
Cap Rate
0.84
DSCR
$2,168
Rent
-$334
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,168 income − $2,502 expenses = $334 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,798
Downpayment
20%
$55,998
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,168
Total Expenses
$2,502
Mortgage P&I
67%
$1,446
Property Taxes
18%
$385
Home Insurance
5%
$98
HOA
0%
$10
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0