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This property looks like a bad Long-Term investment with a projected -14.02% first-year return on $85,701 initial cash invested.
-14.02%
Cash On Cash
3.39%
Cap Rate
0.56
DSCR
$1,985
Rent
-$1,001
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,985 income − $2,986 expenses = $1,001 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,701
Downpayment
20%
$81,620
Closing costs
1%
$4,081
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,985
Total Expenses
$2,986
Mortgage P&I
103%
$2,054
Property Taxes
13%
$260
Home Insurance
8%
$157
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0