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This property looks like a bad Long-Term investment with a projected -6.48% first-year return on $62,622 initial cash invested.
-6.48%
Cash On Cash
5.43%
Cap Rate
0.85
DSCR
$2,148
Rent
-$338
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,148 income − $2,486 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,148
Total Expenses
$2,486
Mortgage P&I
74%
$1,581
Property Taxes
11%
$242
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0