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This property looks like a bad Long-Term investment with a projected -13.52% first-year return on $58,779 initial cash invested.
-13.52%
Cash On Cash
3.61%
Cap Rate
0.6
DSCR
$2,065
Rent
-$662
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,065 income − $2,727 expenses = $662 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,065
Total Expenses
$2,727
Mortgage P&I
68%
$1,402
Property Taxes
30%
$616
Home Insurance
5%
$98
HOA
4%
$75
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0