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This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $58,695 initial cash invested.
-9.87%
Cash On Cash
4.79%
Cap Rate
0.75
DSCR
$2,222
Rent
-$483
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,222 income − $2,705 expenses = $483 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,695
Downpayment
20%
$55,900
Closing costs
1%
$2,795
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,222
Total Expenses
$2,705
Mortgage P&I
67%
$1,488
Property Taxes
23%
$512
Home Insurance
4%
$98
HOA
1%
$30
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0