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This property looks like a bad Long-Term investment with a projected -8.36% first-year return on $58,590 initial cash invested.
-8.36%
Cash On Cash
5.32%
Cap Rate
0.8
DSCR
$2,009
Rent
-$408
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,009 income − $2,417 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$2,417
Mortgage P&I
77%
$1,544
Property Taxes
13%
$253
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0