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This property looks like a bad Long-Term investment with a projected -7.49% first-year return on $62,202 initial cash invested.
-7.49%
Cash On Cash
5.53%
Cap Rate
0.83
DSCR
$2,262
Rent
-$388
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,262 income − $2,650 expenses = $388 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,202
Downpayment
20%
$59,240
Closing costs
1%
$2,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,262
Total Expenses
$2,650
Mortgage P&I
73%
$1,640
Property Taxes
14%
$317
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0