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This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $62,433 initial cash invested.
-7.53%
Cash On Cash
4.85%
Cap Rate
0.8
DSCR
$2,015
Rent
-$392
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,015 income − $2,407 expenses = $392 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,433
Downpayment
20%
$59,460
Closing costs
1%
$2,973
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,015
Total Expenses
$2,407
Mortgage P&I
74%
$1,492
Property Taxes
13%
$252
Home Insurance
5%
$105
HOA
2%
$33
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0