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This property looks like a bad Long-Term investment with a projected -8.37% first-year return on $88,788 initial cash invested.
-8.37%
Cash On Cash
4.59%
Cap Rate
0.77
DSCR
$2,494
Rent
-$619
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,494 income − $3,113 expenses = $619 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,788
Downpayment
20%
$84,560
Closing costs
1%
$4,228
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,494
Total Expenses
$3,113
Mortgage P&I
85%
$2,110
Property Taxes
8%
$204
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0