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This property looks like a bad Long-Term investment with a projected -5.77% first-year return on $58,863 initial cash invested.
-5.77%
Cash On Cash
5.35%
Cap Rate
0.88
DSCR
$2,174
Rent
-$283
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,174 income − $2,457 expenses = $283 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,863
Downpayment
20%
$56,060
Closing costs
1%
$2,803
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,174
Total Expenses
$2,457
Mortgage P&I
66%
$1,424
Property Taxes
16%
$343
Home Insurance
4%
$96
HOA
1%
$29
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0