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This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $88,641 initial cash invested.
-12.77%
Cash On Cash
3.89%
Cap Rate
0.62
DSCR
$2,400
Rent
-$943
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,400 income − $3,343 expenses = $943 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,641
Downpayment
20%
$84,420
Closing costs
1%
$4,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,400
Total Expenses
$3,343
Mortgage P&I
91%
$2,193
Property Taxes
16%
$376
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0