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This property looks like a bad Long-Term investment with a projected -5.53% first-year return on $83,977 initial cash invested.
-5.53%
Cash On Cash
5.05%
Cap Rate
0.87
DSCR
$2,597
Rent
-$387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,597 income − $2,984 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,977
Downpayment
20%
$79,978
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,597
Total Expenses
$2,984
Mortgage P&I
75%
$1,939
Property Taxes
9%
$229
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0