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This property looks like a bad Long-Term investment with a projected -9.74% first-year return on $59,640 initial cash invested.
-9.74%
Cash On Cash
4.37%
Cap Rate
0.73
DSCR
$2,012
Rent
-$484
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,012 income − $2,496 expenses = $484 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,640
Downpayment
20%
$56,800
Closing costs
1%
$2,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,012
Total Expenses
$2,496
Mortgage P&I
70%
$1,417
Property Taxes
23%
$453
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0