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This property looks like a bad Long-Term investment with a projected -5.05% first-year return on $60,375 initial cash invested.
-5.05%
Cash On Cash
5.51%
Cap Rate
0.9
DSCR
$2,043
Rent
-$254
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,043 income − $2,297 expenses = $254 out of pocket
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,375
Downpayment
20%
$57,500
Closing costs
1%
$2,875
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,043
Total Expenses
$2,297
Mortgage P&I
72%
$1,471
Property Taxes
10%
$194
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0