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This property looks like a bad Long-Term investment with a projected -2.09% first-year return on $62,685 initial cash invested.
-2.09%
Cash On Cash
5.92%
Cap Rate
1.01
DSCR
$2,418
Rent
-$109
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,418 income − $2,527 expenses = $109 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,685
Downpayment
20%
$59,700
Closing costs
1%
$2,985
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,418
Total Expenses
$2,527
Mortgage P&I
60%
$1,461
Property Taxes
14%
$333
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0