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This property looks like a bad Long-Term investment with a projected -13.39% first-year return on $89,019 initial cash invested.
-13.39%
Cash On Cash
4.41%
Cap Rate
0.64
DSCR
$2,706
Rent
-$993
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,706 income − $3,699 expenses = $993 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,019
Downpayment
20%
$84,780
Closing costs
1%
$4,239
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,706
Total Expenses
$3,699
Mortgage P&I
89%
$2,416
Property Taxes
15%
$410
Home Insurance
6%
$170
HOA
0%
$0
Property Management
10%
$271
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0