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This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $81,690 initial cash invested.
-7.42%
Cash On Cash
5.05%
Cap Rate
0.81
DSCR
$2,477
Rent
-$505
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,477 income − $2,982 expenses = $505 out of pocket
Investment Breakdown
|
Purchase Price
$389k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$81,690
Downpayment
20%
$77,800
Closing costs
1%
$3,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,477
Total Expenses
$2,982
Mortgage P&I
81%
$2,018
Property Taxes
10%
$256
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0