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This property looks like a bad Long-Term investment with a projected -17.3% first-year return on $88,914 initial cash invested.
-17.3%
Cash On Cash
3.37%
Cap Rate
0.51
DSCR
$2,495
Rent
-$1,282
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,495 income − $3,777 expenses = $1,282 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,914
Downpayment
20%
$84,680
Closing costs
1%
$4,234
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,495
Total Expenses
$3,777
Mortgage P&I
94%
$2,345
Property Taxes
25%
$632
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0