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This property looks like a bad Long-Term investment with a projected -5.05% first-year return on $61,047 initial cash invested.
-5.05%
Cash On Cash
5.24%
Cap Rate
0.9
DSCR
$2,185
Rent
-$257
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,185 income − $2,442 expenses = $257 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,047
Downpayment
20%
$58,140
Closing costs
1%
$2,907
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,185
Total Expenses
$2,442
Mortgage P&I
65%
$1,418
Property Taxes
16%
$353
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0