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This property looks like a bad Long-Term investment with a projected -21.57% first-year return on $58,800 initial cash invested.
-21.57%
Cash On Cash
1.85%
Cap Rate
0.3
DSCR
$999
Rent
-$1,057
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$999 income − $2,056 expenses = $1,057 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
$999
Total Expenses
$2,056
Mortgage P&I
144%
$1,439
Property Taxes
26%
$259
Home Insurance
10%
$98
HOA
0%
$0
Property Management
10%
$100
CapEx
5%
$50
Vacancy
6%
$60
Maintenance
5%
$50
Other
0%
$0