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This property looks like a bad Long-Term investment with a projected -6.79% first-year return on $59,388 initial cash invested.
-6.79%
Cash On Cash
5.07%
Cap Rate
0.85
DSCR
$2,392
Rent
-$336
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,392 income − $2,728 expenses = $336 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,388
Downpayment
20%
$56,560
Closing costs
1%
$2,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,392
Total Expenses
$2,728
Mortgage P&I
59%
$1,411
Property Taxes
25%
$593
Home Insurance
4%
$101
HOA
0%
$0
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0