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This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $84,000 initial cash invested.
-13.91%
Cash On Cash
3.7%
Cap Rate
0.59
DSCR
$2,032
Rent
-$974
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,032 income − $3,006 expenses = $974 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$84,000
Downpayment
20%
$80,000
Closing costs
1%
$4,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,032
Total Expenses
$3,006
Mortgage P&I
104%
$2,104
Property Taxes
11%
$233
Home Insurance
7%
$140
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0