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This property looks like a bad Long-Term investment with a projected -6.02% first-year return on $61,782 initial cash invested.
-6.02%
Cash On Cash
5.05%
Cap Rate
0.86
DSCR
$2,078
Rent
-$310
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,078 income − $2,388 expenses = $310 out of pocket
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,782
Downpayment
20%
$58,840
Closing costs
1%
$2,942
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,078
Total Expenses
$2,388
Mortgage P&I
69%
$1,443
Property Taxes
14%
$301
Home Insurance
5%
$103
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0