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This property looks like a bad Long-Term investment with a projected -1.59% first-year return on $59,031 initial cash invested.
-1.59%
Cash On Cash
6.2%
Cap Rate
1.03
DSCR
$2,318
Rent
-$78
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,318 income − $2,396 expenses = $78 out of pocket
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,031
Downpayment
20%
$56,220
Closing costs
1%
$2,811
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,318
Total Expenses
$2,396
Mortgage P&I
61%
$1,414
Property Taxes
12%
$272
Home Insurance
5%
$107
HOA
0%
$0
Property Management
10%
$232
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0