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This property looks like a bad Long-Term investment with a projected -4.56% first-year return on $62,622 initial cash invested.
-4.56%
Cash On Cash
5.55%
Cap Rate
0.91
DSCR
$2,008
Rent
-$238
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,008 income − $2,246 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,008
Total Expenses
$2,246
Mortgage P&I
76%
$1,517
Property Taxes
4%
$85
Home Insurance
5%
$108
HOA
1%
$15
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0