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This property looks like a bad Long-Term investment with a projected -3.64% first-year return on $84,000 initial cash invested.
-3.64%
Cash On Cash
6.15%
Cap Rate
1.02
DSCR
$5,931
Rent
-$255
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,931 income − $6,186 expenses = $255 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.4%
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
$5,931
Total Expenses
$6,186
Mortgage P&I
34%
$2,009
Property Taxes
42%
$2,494
Home Insurance
2%
$140
HOA
0%
$0
Property Management
10%
$593
CapEx
5%
$297
Vacancy
6%
$356
Maintenance
5%
$297
Other
0%
$0