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This property looks like a bad Long-Term investment with a projected -7.38% first-year return on $59,640 initial cash invested.
-7.38%
Cash On Cash
4.98%
Cap Rate
0.82
DSCR
$2,083
Rent
-$367
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,083 income − $2,450 expenses = $367 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,640
Downpayment
20%
$56,800
Closing costs
1%
$2,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,083
Total Expenses
$2,450
Mortgage P&I
69%
$1,442
Property Taxes
18%
$371
Home Insurance
5%
$96
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0