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This property looks like a bad Long-Term investment with a projected -7.22% first-year return on $58,800 initial cash invested.
-7.22%
Cash On Cash
5.19%
Cap Rate
0.84
DSCR
$2,366
Rent
-$354
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,366 income − $2,720 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,366
Total Expenses
$2,720
Mortgage P&I
61%
$1,446
Property Taxes
24%
$561
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0