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This property looks like a bad Long-Term investment with a projected -8.55% first-year return on $58,800 initial cash invested.
-8.55%
Cash On Cash
4.69%
Cap Rate
0.78
DSCR
$2,071
Rent
-$419
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,071 income − $2,490 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,071
Total Expenses
$2,490
Mortgage P&I
68%
$1,410
Property Taxes
21%
$443
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0