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This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $59,493 initial cash invested.
-4.03%
Cash On Cash
5.59%
Cap Rate
0.93
DSCR
$2,090
Rent
-$200
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,090 income − $2,290 expenses = $200 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,493
Downpayment
20%
$56,660
Closing costs
1%
$2,833
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,090
Total Expenses
$2,290
Mortgage P&I
68%
$1,416
Property Taxes
11%
$230
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0