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This property looks like a bad Long-Term investment with a projected -2.7% first-year return on $62,160 initial cash invested.
-2.7%
Cash On Cash
5.73%
Cap Rate
0.98
DSCR
$2,160
Rent
-$140
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,160
Downpayment
20%
$59,200
Closing costs
1%
$2,960
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,160
Total Expenses
$2,300
Mortgage P&I
67%
$1,446
Property Taxes
8%
$172
Home Insurance
5%
$105
HOA
1%
$15
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0