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This property looks like a bad Long-Term investment with a projected -7.19% first-year return on $84,063 initial cash invested.
-7.19%
Cash On Cash
5.16%
Cap Rate
0.83
DSCR
$2,996
Rent
-$504
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,996 income − $3,500 expenses = $504 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,063
Downpayment
20%
$80,060
Closing costs
1%
$4,003
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,996
Total Expenses
$3,500
Mortgage P&I
69%
$2,075
Property Taxes
17%
$507
Home Insurance
5%
$138
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0