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This property looks like a bad Long-Term investment with a projected -5.53% first-year return on $58,800 initial cash invested.
-5.53%
Cash On Cash
5.31%
Cap Rate
0.89
DSCR
$2,232
Rent
-$271
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,232 income − $2,503 expenses = $271 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,232
Total Expenses
$2,503
Mortgage P&I
63%
$1,398
Property Taxes
19%
$426
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0