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This property looks like a bad Long-Term investment with a projected -2.78% first-year return on $58,758 initial cash invested.
-2.78%
Cash On Cash
5.89%
Cap Rate
0.98
DSCR
$2,058
Rent
-$136
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,058 income − $2,194 expenses = $136 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,758
Downpayment
20%
$55,960
Closing costs
1%
$2,798
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$2,194
Mortgage P&I
68%
$1,407
Property Taxes
7%
$150
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0