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This property looks like a bad Long-Term investment with a projected -6.23% first-year return on $83,979 initial cash invested.
-6.23%
Cash On Cash
5.24%
Cap Rate
0.86
DSCR
$2,794
Rent
-$436
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,794 income − $3,230 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$400k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$83,979
Downpayment
20%
$79,980
Closing costs
1%
$3,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,794
Total Expenses
$3,230
Mortgage P&I
73%
$2,042
Property Taxes
11%
$321
Home Insurance
5%
$140
HOA
0%
$0
Property Management
10%
$279
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0