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This property looks like a bad Long-Term investment with a projected -3.7% first-year return on $62,559 initial cash invested.
-3.7%
Cash On Cash
5.77%
Cap Rate
0.94
DSCR
$2,141
Rent
-$193
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,141 income − $2,334 expenses = $193 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,559
Downpayment
20%
$59,580
Closing costs
1%
$2,979
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,141
Total Expenses
$2,334
Mortgage P&I
71%
$1,518
Property Taxes
7%
$155
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0