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This property looks like a bad Long-Term investment with a projected -10.66% first-year return on $89,040 initial cash invested.
-10.66%
Cash On Cash
4.36%
Cap Rate
0.71
DSCR
$3,154
Rent
-$791
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,154 income − $3,945 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,040
Downpayment
20%
$84,800
Closing costs
1%
$4,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,154
Total Expenses
$3,945
Mortgage P&I
69%
$2,174
Property Taxes
25%
$799
Home Insurance
5%
$152
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$158
Vacancy
6%
$189
Maintenance
5%
$158
Other
0%
$0