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This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $84,000 initial cash invested.
-13.89%
Cash On Cash
3.99%
Cap Rate
0.6
DSCR
$2,008
Rent
-$972
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,008 income − $2,980 expenses = $972 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,008
Total Expenses
$2,980
Mortgage P&I
110%
$2,201
Property Taxes
6%
$118
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0