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This property looks like a bad Long-Term investment with a projected -1.62% first-year return on $59,409 initial cash invested.
-1.62%
Cash On Cash
6.23%
Cap Rate
1.02
DSCR
$2,208
Rent
-$80
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,208 income − $2,288 expenses = $80 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,409
Downpayment
20%
$56,580
Closing costs
1%
$2,829
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,208
Total Expenses
$2,288
Mortgage P&I
65%
$1,438
Property Taxes
8%
$175
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0