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This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $88,179 initial cash invested.
-11.81%
Cash On Cash
3.8%
Cap Rate
0.64
DSCR
$2,413
Rent
-$868
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,413 income − $3,281 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,179
Downpayment
20%
$83,980
Closing costs
1%
$4,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,413
Total Expenses
$3,281
Mortgage P&I
86%
$2,078
Property Taxes
18%
$428
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0