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This property looks like a bad Long-Term investment with a projected -9.93% first-year return on $83,895 initial cash invested.
-9.93%
Cash On Cash
4.3%
Cap Rate
0.71
DSCR
$2,232
Rent
-$694
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,232 income − $2,926 expenses = $694 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,895
Downpayment
20%
$79,900
Closing costs
1%
$3,995
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,232
Total Expenses
$2,926
Mortgage P&I
90%
$2,014
Property Taxes
8%
$178
Home Insurance
7%
$153
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0