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This property looks like a bad Long-Term investment with a projected -3.02% first-year return on $89,082 initial cash invested.
-3.02%
Cash On Cash
5.95%
Cap Rate
0.97
DSCR
$3,252
Rent
-$224
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,252 income − $3,476 expenses = $224 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,082
Downpayment
20%
$84,840
Closing costs
1%
$4,242
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,252
Total Expenses
$3,476
Mortgage P&I
67%
$2,163
Property Taxes
9%
$295
Home Insurance
5%
$156
HOA
0%
$16
Property Management
10%
$325
CapEx
5%
$163
Vacancy
6%
$195
Maintenance
5%
$163
Other
0%
$0