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This property looks like a bad Long-Term investment with a projected -4.14% first-year return on $59,430 initial cash invested.
-4.14%
Cash On Cash
5.95%
Cap Rate
0.93
DSCR
$2,038
Rent
-$205
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,038 income − $2,243 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,038
Total Expenses
$2,243
Mortgage P&I
74%
$1,506
Property Taxes
3%
$63
Home Insurance
5%
$102
HOA
2%
$42
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0