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This property looks like a bad Long-Term investment with a projected -3.2% first-year return on $61,215 initial cash invested.
-3.2%
Cash On Cash
6.09%
Cap Rate
0.97
DSCR
$2,222
Rent
-$163
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,222 income − $2,385 expenses = $163 out of pocket
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,215
Downpayment
20%
$58,300
Closing costs
1%
$2,915
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,222
Total Expenses
$2,385
Mortgage P&I
69%
$1,532
Property Taxes
8%
$188
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0