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This property looks like a bad Long-Term investment with a projected -5.33% first-year return on $63,000 initial cash invested.
-5.33%
Cash On Cash
5.53%
Cap Rate
0.88
DSCR
$2,000
Rent
-$280
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,000 income − $2,280 expenses = $280 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$2,280
Mortgage P&I
78%
$1,562
Property Taxes
5%
$93
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0