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This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $61,509 initial cash invested.
-8.78%
Cash On Cash
4.67%
Cap Rate
0.77
DSCR
$2,104
Rent
-$450
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,104 income − $2,554 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,509
Downpayment
20%
$58,580
Closing costs
1%
$2,929
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,104
Total Expenses
$2,554
Mortgage P&I
71%
$1,486
Property Taxes
20%
$418
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0