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This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $59,409 initial cash invested.
-3.41%
Cash On Cash
5.59%
Cap Rate
0.96
DSCR
$2,141
Rent
-$169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,141 income − $2,310 expenses = $169 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,409
Downpayment
20%
$56,580
Closing costs
1%
$2,829
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,141
Total Expenses
$2,310
Mortgage P&I
64%
$1,380
Property Taxes
13%
$277
Home Insurance
5%
$97
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0