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This property looks like a bad Long-Term investment with a projected -6.31% first-year return on $62,748 initial cash invested.
-6.31%
Cash On Cash
5.04%
Cap Rate
0.85
DSCR
$2,254
Rent
-$330
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,254 income − $2,584 expenses = $330 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,748
Downpayment
20%
$59,760
Closing costs
1%
$2,988
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,254
Total Expenses
$2,584
Mortgage P&I
65%
$1,472
Property Taxes
18%
$412
Home Insurance
5%
$114
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$113
Vacancy
6%
$135
Maintenance
5%
$113
Other
0%
$0