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This property looks like a bad Long-Term investment with a projected -7.48% first-year return on $62,538 initial cash invested.
-7.48%
Cash On Cash
5.27%
Cap Rate
0.82
DSCR
$2,222
Rent
-$390
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,222 income − $2,612 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,538
Downpayment
20%
$59,560
Closing costs
1%
$2,978
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,222
Total Expenses
$2,612
Mortgage P&I
71%
$1,588
Property Taxes
14%
$318
Home Insurance
5%
$119
HOA
0%
$10
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0