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This property looks like a bad Long-Term investment with a projected -12.29% first-year return on $58,800 initial cash invested.
-12.29%
Cash On Cash
3.76%
Cap Rate
0.63
DSCR
$1,601
Rent
-$602
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,601 income − $2,203 expenses = $602 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
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
$1,601
Total Expenses
$2,203
Mortgage P&I
87%
$1,399
Property Taxes
18%
$290
Home Insurance
6%
$98
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0