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This property looks like a bad Long-Term investment with a projected -7.99% first-year return on $61,740 initial cash invested.
-7.99%
Cash On Cash
4.89%
Cap Rate
0.79
DSCR
$2,044
Rent
-$411
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,044 income − $2,455 expenses = $411 out of pocket
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,740
Downpayment
20%
$58,800
Closing costs
1%
$2,940
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,044
Total Expenses
$2,455
Mortgage P&I
74%
$1,507
Property Taxes
15%
$314
Home Insurance
5%
$103
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0