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This property looks like a bad Long-Term investment with a projected -5.39% first-year return on $59,430 initial cash invested.
-5.39%
Cash On Cash
5.38%
Cap Rate
0.88
DSCR
$1,987
Rent
-$267
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,987 income − $2,254 expenses = $267 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,430
Downpayment
20%
$56,600
Closing costs
1%
$2,830
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,987
Total Expenses
$2,254
Mortgage P&I
72%
$1,436
Property Taxes
10%
$203
Home Insurance
5%
$99
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0