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This property looks like a bad Long-Term investment with a projected -6.14% first-year return on $88,599 initial cash invested.
-6.14%
Cash On Cash
5.15%
Cap Rate
0.86
DSCR
$3,045
Rent
-$453
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,045 income − $3,498 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,599
Downpayment
20%
$84,380
Closing costs
1%
$4,219
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,045
Total Expenses
$3,498
Mortgage P&I
69%
$2,113
Property Taxes
15%
$445
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0