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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $85,596 initial cash invested.
-9.58%
Cash On Cash
4.41%
Cap Rate
0.72
DSCR
$2,241
Rent
-$683
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,241 income − $2,924 expenses = $683 out of pocket
Investment Breakdown
|
Purchase Price
$408k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,596
Downpayment
20%
$81,520
Closing costs
1%
$4,076
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,241
Total Expenses
$2,924
Mortgage P&I
92%
$2,069
Property Taxes
6%
$129
Home Insurance
6%
$144
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0