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This property looks like a bad Long-Term investment with a projected -8.32% first-year return on $59,388 initial cash invested.
-8.32%
Cash On Cash
5.42%
Cap Rate
0.82
DSCR
$2,487
Rent
-$412
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,487 income − $2,899 expenses = $412 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,388
Downpayment
20%
$56,560
Closing costs
1%
$2,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,487
Total Expenses
$2,899
Mortgage P&I
63%
$1,565
Property Taxes
25%
$618
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0