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This property looks like a bad Long-Term investment with a projected -5.01% first-year return on $59,388 initial cash invested.
-5.01%
Cash On Cash
5.58%
Cap Rate
0.91
DSCR
$2,361
Rent
-$248
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,361 income − $2,609 expenses = $248 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,388
Downpayment
20%
$56,560
Closing costs
1%
$2,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,361
Total Expenses
$2,609
Mortgage P&I
61%
$1,446
Property Taxes
18%
$415
Home Insurance
4%
$101
HOA
1%
$33
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0