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This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $89,040 initial cash invested.
-3.41%
Cash On Cash
5.77%
Cap Rate
0.95
DSCR
$3,123
Rent
-$253
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,123 income − $3,376 expenses = $253 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,123
Total Expenses
$3,376
Mortgage P&I
68%
$2,137
Property Taxes
8%
$265
Home Insurance
5%
$163
HOA
0%
$0
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0