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This property looks like a bad Long-Term investment with a projected -3.08% first-year return on $58,800 initial cash invested.
-3.08%
Cash On Cash
5.78%
Cap Rate
0.98
DSCR
$2,411
Rent
-$151
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
6.3%
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
$2,411
Total Expenses
$2,562
Mortgage P&I
57%
$1,379
Property Taxes
19%
$457
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0