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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $62,244 initial cash invested.
-7.21%
Cash On Cash
5.62%
Cap Rate
0.84
DSCR
$2,274
Rent
-$374
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,274 income − $2,648 expenses = $374 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,244
Downpayment
20%
$59,280
Closing costs
1%
$2,964
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,274
Total Expenses
$2,648
Mortgage P&I
72%
$1,647
Property Taxes
13%
$305
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0