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This property looks like a bad Long-Term investment with a projected -11.53% first-year return on $61,425 initial cash invested.
-11.53%
Cash On Cash
4.23%
Cap Rate
0.68
DSCR
$2,171
Rent
-$590
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,171 income − $2,761 expenses = $590 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,425
Downpayment
20%
$58,500
Closing costs
1%
$2,925
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,171
Total Expenses
$2,761
Mortgage P&I
70%
$1,512
Property Taxes
26%
$573
Home Insurance
5%
$105
HOA
0%
$6
Property Management
10%
$217
CapEx
5%
$109
Vacancy
6%
$130
Maintenance
5%
$109
Other
0%
$0