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This property looks like a bad Long-Term investment with a projected -16.7% first-year return on $61,005 initial cash invested.
-16.7%
Cash On Cash
3.58%
Cap Rate
0.54
DSCR
$2,217
Rent
-$849
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,217 income − $3,066 expenses = $849 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,005
Downpayment
20%
$58,100
Closing costs
1%
$2,905
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,217
Total Expenses
$3,066
Mortgage P&I
72%
$1,605
Property Taxes
13%
$286
Home Insurance
5%
$105
HOA
22%
$493
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0