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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $62,349 initial cash invested.
-9.58%
Cash On Cash
4.68%
Cap Rate
0.75
DSCR
$2,251
Rent
-$498
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,251 income − $2,749 expenses = $498 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,349
Downpayment
20%
$59,380
Closing costs
1%
$2,969
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,251
Total Expenses
$2,749
Mortgage P&I
69%
$1,542
Property Taxes
23%
$516
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0