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This property looks like a bad Long-Term investment with a projected -14.4% first-year return on $88,347 initial cash invested.
-14.4%
Cash On Cash
3.64%
Cap Rate
0.58
DSCR
$2,415
Rent
-$1,060
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,415 income − $3,475 expenses = $1,060 out of pocket
Investment Breakdown
|
Purchase Price
$421k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,347
Downpayment
20%
$84,140
Closing costs
1%
$4,207
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,415
Total Expenses
$3,475
Mortgage P&I
92%
$2,216
Property Taxes
16%
$397
Home Insurance
6%
$145
HOA
4%
$88
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0