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This property looks like a bad Long-Term investment with a projected -2.8% first-year return on $64,239 initial cash invested.
-2.8%
Cash On Cash
5.96%
Cap Rate
0.98
DSCR
$2,342
Rent
-$150
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,342 income − $2,492 expenses = $150 out of pocket
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,239
Downpayment
20%
$61,180
Closing costs
1%
$3,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,342
Total Expenses
$2,492
Mortgage P&I
66%
$1,553
Property Taxes
5%
$119
Home Insurance
5%
$107
HOA
4%
$104
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0