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This property looks like a bad Long-Term investment with a projected -2.98% first-year return on $61,677 initial cash invested.
-2.98%
Cash On Cash
5.78%
Cap Rate
0.98
DSCR
$2,479
Rent
-$153
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,479 income − $2,632 expenses = $153 out of pocket
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,677
Downpayment
20%
$58,740
Closing costs
1%
$2,937
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,479
Total Expenses
$2,632
Mortgage P&I
58%
$1,443
Property Taxes
18%
$440
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0