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This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $58,800 initial cash invested.
-11.84%
Cash On Cash
3.51%
Cap Rate
0.61
DSCR
$1,248
Rent
-$580
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,248
Total Expenses
$1,828
Mortgage P&I
107%
$1,336
Property Taxes
6%
$70
Home Insurance
8%
$98
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0