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This property looks like a bad Long-Term investment with a projected -8.43% first-year return on $89,124 initial cash invested.
-8.43%
Cash On Cash
4.47%
Cap Rate
0.75
DSCR
$2,195
Rent
-$626
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,195 income − $2,821 expenses = $626 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,195
Total Expenses
$2,821
Mortgage P&I
95%
$2,096
Property Taxes
0%
$4
Home Insurance
7%
$149
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0