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This property looks like a bad Long-Term investment with a projected -7.66% first-year return on $88,200 initial cash invested.
-7.66%
Cash On Cash
4.76%
Cap Rate
0.79
DSCR
$2,424
Rent
-$563
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,424 income − $2,987 expenses = $563 out of pocket
Investment Breakdown
|
Purchase Price
$420k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,200
Downpayment
20%
$84,000
Closing costs
1%
$4,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,424
Total Expenses
$2,987
Mortgage P&I
87%
$2,109
Property Taxes
4%
$102
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0