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This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $69,510 initial cash invested.
-8.08%
Cash On Cash
4.83%
Cap Rate
0.8
DSCR
$2,594
Rent
-$468
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,594 income − $3,062 expenses = $468 out of pocket
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,510
Downpayment
20%
$66,200
Closing costs
1%
$3,310
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,594
Total Expenses
$3,062
Mortgage P&I
64%
$1,671
Property Taxes
22%
$567
Home Insurance
6%
$149
HOA
0%
$0
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0