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This property looks like a bad Long-Term investment with a projected -16.22% first-year return on $88,935 initial cash invested.
-16.22%
Cash On Cash
3.28%
Cap Rate
0.51
DSCR
$1,922
Rent
-$1,202
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,922 income − $3,124 expenses = $1,202 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,935
Downpayment
20%
$84,700
Closing costs
1%
$4,235
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,922
Total Expenses
$3,124
Mortgage P&I
118%
$2,262
Property Taxes
11%
$213
Home Insurance
8%
$150
HOA
0%
$0
Property Management
10%
$192
CapEx
5%
$96
Vacancy
6%
$115
Maintenance
5%
$96
Other
0%
$0