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This property looks like a bad Long-Term investment with a projected -7.82% first-year return on $59,850 initial cash invested.
-7.82%
Cash On Cash
4.92%
Cap Rate
0.8
DSCR
$2,050
Rent
-$390
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,050 income − $2,440 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,850
Downpayment
20%
$57,000
Closing costs
1%
$2,850
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,050
Total Expenses
$2,440
Mortgage P&I
71%
$1,456
Property Taxes
17%
$352
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0