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This property looks like a bad Long-Term investment with a projected -5.04% first-year return on $83,517 initial cash invested.
-5.04%
Cash On Cash
5.36%
Cap Rate
0.89
DSCR
$2,429
Rent
-$351
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,429 income − $2,780 expenses = $351 out of pocket
Investment Breakdown
|
Purchase Price
$398k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,517
Downpayment
20%
$79,540
Closing costs
1%
$3,977
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,429
Total Expenses
$2,780
Mortgage P&I
83%
$2,008
Property Taxes
0%
$1
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0