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This property looks like a bad Long-Term investment with a projected -9.09% first-year return on $59,430 initial cash invested.
-9.09%
Cash On Cash
5.08%
Cap Rate
0.78
DSCR
$2,212
Rent
-$450
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,212 income − $2,662 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,212
Total Expenses
$2,662
Mortgage P&I
70%
$1,538
Property Taxes
18%
$399
Home Insurance
4%
$99
HOA
2%
$50
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0