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This property looks like a bad Long-Term investment with a projected -6.32% first-year return on $58,464 initial cash invested.
-6.32%
Cash On Cash
5.23%
Cap Rate
0.86
DSCR
$2,160
Rent
-$308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,160 income − $2,468 expenses = $308 out of pocket
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,464
Downpayment
20%
$55,680
Closing costs
1%
$2,784
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,160
Total Expenses
$2,468
Mortgage P&I
65%
$1,414
Property Taxes
19%
$408
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0