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This property looks like a bad Long-Term investment with a projected -4.13% first-year return on $62,517 initial cash invested.
-4.13%
Cash On Cash
5.67%
Cap Rate
0.93
DSCR
$2,058
Rent
-$215
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,058 income − $2,273 expenses = $215 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,517
Downpayment
20%
$59,540
Closing costs
1%
$2,977
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,058
Total Expenses
$2,273
Mortgage P&I
74%
$1,518
Property Taxes
5%
$98
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0