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This property looks like a bad Long-Term investment with a projected -2.96% first-year return on $63,630 initial cash invested.
-2.96%
Cash On Cash
5.89%
Cap Rate
0.98
DSCR
$2,439
Rent
-$157
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,439 income − $2,596 expenses = $157 out of pocket
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,630
Downpayment
20%
$60,600
Closing costs
1%
$3,030
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,439
Total Expenses
$2,596
Mortgage P&I
62%
$1,523
Property Taxes
7%
$164
Home Insurance
5%
$110
HOA
7%
$165
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0