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This property looks like a bad Long-Term investment with a projected -10.24% first-year return on $62,349 initial cash invested.
-10.24%
Cash On Cash
5.01%
Cap Rate
0.75
DSCR
$2,251
Rent
-$532
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,251 income − $2,783 expenses = $532 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,349
Downpayment
20%
$59,380
Closing costs
1%
$2,969
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,251
Total Expenses
$2,783
Mortgage P&I
74%
$1,659
Property Taxes
19%
$426
Home Insurance
5%
$112
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0