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This property looks like a bad Long-Term investment with a projected -6.14% first-year return on $61,404 initial cash invested.
-6.14%
Cash On Cash
5.2%
Cap Rate
0.87
DSCR
$2,441
Rent
-$314
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,441 income − $2,755 expenses = $314 out of pocket
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,404
Downpayment
20%
$58,480
Closing costs
1%
$2,924
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,441
Total Expenses
$2,755
Mortgage P&I
60%
$1,460
Property Taxes
23%
$556
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0