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This property looks like a bad Long-Term investment with a projected -1.82% first-year return on $58,800 initial cash invested.
-1.82%
Cash On Cash
6.79%
Cap Rate
1.03
DSCR
$2,721
Rent
-$89
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,721 income − $2,810 expenses = $89 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,721
Total Expenses
$2,810
Mortgage P&I
57%
$1,538
Property Taxes
17%
$467
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0