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This property looks like a bad Long-Term investment with a projected -5.94% first-year return on $84,000 initial cash invested.
-5.94%
Cash On Cash
5.16%
Cap Rate
0.87
DSCR
$3,062
Rent
-$416
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,062 income − $3,478 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,062
Total Expenses
$3,478
Mortgage P&I
65%
$1,982
Property Taxes
18%
$552
Home Insurance
5%
$140
HOA
0%
$8
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0