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This property looks like a bad Long-Term investment with a projected -2.14% first-year return on $58,800 initial cash invested.
-2.14%
Cash On Cash
6%
Cap Rate
1
DSCR
$2,107
Rent
-$105
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,107 income − $2,212 expenses = $105 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
$2,107
Total Expenses
$2,212
Mortgage P&I
66%
$1,400
Property Taxes
8%
$165
Home Insurance
5%
$100
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0