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This property looks like a bad Long-Term investment with a projected -6.73% first-year return on $88,578 initial cash invested.
-6.73%
Cash On Cash
4.9%
Cap Rate
0.83
DSCR
$2,797
Rent
-$497
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,797 income − $3,294 expenses = $497 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,578
Downpayment
20%
$84,360
Closing costs
1%
$4,218
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,797
Total Expenses
$3,294
Mortgage P&I
74%
$2,078
Property Taxes
12%
$339
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0