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This property looks like a bad Mid-Term investment with a projected -2.84% first-year return on $77,619 initial cash invested.
-2.84%
Cash On Cash
5.6%
Cap Rate
0.93
DSCR
$2,188
Rent
-$184
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,188 income − $2,372 expenses = $184 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,619
Downpayment
20%
$56,780
Closing costs
1%
$2,839
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,188
Total Expenses
$2,372
Mortgage P&I
65%
$1,421
Property Taxes
4%
$94
Home Insurance
5%
$99
HOA
1%
$12
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241