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This property looks like a bad Long-Term investment with a projected -7.55% first-year return on $89,124 initial cash invested.
-7.55%
Cash On Cash
4.8%
Cap Rate
0.8
DSCR
$2,570
Rent
-$561
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,570 income − $3,131 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,570
Total Expenses
$3,131
Mortgage P&I
83%
$2,132
Property Taxes
6%
$143
Home Insurance
6%
$149
HOA
2%
$40
Property Management
10%
$257
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0