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This property looks like a bad Long-Term investment with a projected -3.88% first-year return on $89,124 initial cash invested.
-3.88%
Cash On Cash
5.75%
Cap Rate
0.93
DSCR
$2,844
Rent
-$288
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,844 income − $3,132 expenses = $288 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,844
Total Expenses
$3,132
Mortgage P&I
77%
$2,180
Property Taxes
2%
$59
Home Insurance
5%
$154
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0