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This property looks like a bad Long-Term investment with a projected -8.87% first-year return on $84,420 initial cash invested.
-8.87%
Cash On Cash
4.54%
Cap Rate
0.75
DSCR
$2,370
Rent
-$624
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,370 income − $2,994 expenses = $624 out of pocket
Investment Breakdown
|
Purchase Price
$402k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,420
Downpayment
20%
$80,400
Closing costs
1%
$4,020
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,370
Total Expenses
$2,994
Mortgage P&I
85%
$2,026
Property Taxes
9%
$218
Home Insurance
6%
$135
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0