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This property looks like a bad Long-Term investment with a projected -12.75% first-year return on $61,530 initial cash invested.
-12.75%
Cash On Cash
3.74%
Cap Rate
0.63
DSCR
$2,232
Rent
-$654
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,232 income − $2,886 expenses = $654 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,530
Downpayment
20%
$58,600
Closing costs
1%
$2,930
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,232
Total Expenses
$2,886
Mortgage P&I
65%
$1,455
Property Taxes
33%
$742
Home Insurance
5%
$108
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0