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This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $84,000 initial cash invested.
-8.56%
Cash On Cash
4.96%
Cap Rate
0.78
DSCR
$2,909
Rent
-$599
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,909 income − $3,508 expenses = $599 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,909
Total Expenses
$3,508
Mortgage P&I
72%
$2,107
Property Taxes
17%
$505
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$175
Maintenance
5%
$145
Other
0%
$0