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This property looks like a bad Long-Term investment with a projected -1.61% first-year return on $59,640 initial cash invested.
-1.61%
Cash On Cash
6.38%
Cap Rate
1.03
DSCR
$2,513
Rent
-$80
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,513 income − $2,593 expenses = $80 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,640
Downpayment
20%
$56,800
Closing costs
1%
$2,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,513
Total Expenses
$2,593
Mortgage P&I
58%
$1,463
Property Taxes
15%
$378
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0