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This property looks like a bad Long-Term investment with a projected -3.44% first-year return on $61,467 initial cash invested.
-3.44%
Cash On Cash
5.6%
Cap Rate
0.95
DSCR
$2,060
Rent
-$176
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,060 income − $2,236 expenses = $176 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,060
Total Expenses
$2,236
Mortgage P&I
70%
$1,440
Property Taxes
7%
$140
Home Insurance
5%
$100
HOA
1%
$20
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0