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This property looks like a bad Long-Term investment with a projected -3.72% first-year return on $59,430 initial cash invested.
-3.72%
Cash On Cash
6.06%
Cap Rate
0.95
DSCR
$2,195
Rent
-$184
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,195 income − $2,379 expenses = $184 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,430
Downpayment
20%
$56,600
Closing costs
1%
$2,830
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,195
Total Expenses
$2,379
Mortgage P&I
69%
$1,504
Property Taxes
6%
$139
Home Insurance
5%
$99
HOA
3%
$65
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0