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This property looks like a bad Long-Term investment with a projected -9.39% first-year return on $62,097 initial cash invested.
-9.39%
Cash On Cash
5.19%
Cap Rate
0.78
DSCR
$2,662
Rent
-$486
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,662 income − $3,148 expenses = $486 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,097
Downpayment
20%
$59,140
Closing costs
1%
$2,957
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,662
Total Expenses
$3,148
Mortgage P&I
61%
$1,632
Property Taxes
27%
$720
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0