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This property looks like a bad Long-Term investment with a projected -3.46% first-year return on $62,412 initial cash invested.
-3.46%
Cash On Cash
5.88%
Cap Rate
0.95
DSCR
$2,124
Rent
-$180
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,124 income − $2,304 expenses = $180 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,412
Downpayment
20%
$59,440
Closing costs
1%
$2,972
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,124
Total Expenses
$2,304
Mortgage P&I
72%
$1,530
Property Taxes
5%
$112
Home Insurance
5%
$107
HOA
0%
$4
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0