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This property looks like a bad Long-Term investment with a projected -2.76% first-year return on $55,188 initial cash invested.
-2.76%
Cash On Cash
6.31%
Cap Rate
0.98
DSCR
$2,087
Rent
-$127
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,087 income − $2,214 expenses = $127 out of pocket
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,188
Downpayment
20%
$52,560
Closing costs
1%
$2,628
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,087
Total Expenses
$2,214
Mortgage P&I
67%
$1,404
Property Taxes
8%
$175
Home Insurance
4%
$93
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0