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This property looks like a bad Long-Term investment with a projected -3.59% first-year return on $59,094 initial cash invested.
-3.59%
Cash On Cash
5.78%
Cap Rate
0.97
DSCR
$2,580
Rent
-$177
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,580 income − $2,757 expenses = $177 out of pocket
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,094
Downpayment
20%
$56,280
Closing costs
1%
$2,814
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,580
Total Expenses
$2,757
Mortgage P&I
54%
$1,403
Property Taxes
23%
$583
Home Insurance
4%
$100
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0