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This property looks like a bad Long-Term investment with a projected -3.87% first-year return on $62,979 initial cash invested.
-3.87%
Cash On Cash
5.6%
Cap Rate
0.94
DSCR
$2,321
Rent
-$203
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,321 income − $2,524 expenses = $203 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,321
Total Expenses
$2,524
Mortgage P&I
64%
$1,486
Property Taxes
14%
$330
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0