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This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $88,914 initial cash invested.
-11.57%
Cash On Cash
3.99%
Cap Rate
0.66
DSCR
$2,416
Rent
-$857
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,416 income − $3,273 expenses = $857 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,914
Downpayment
20%
$84,680
Closing costs
1%
$4,234
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,416
Total Expenses
$3,273
Mortgage P&I
89%
$2,145
Property Taxes
14%
$349
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0