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This property looks like a bad Long-Term investment with a projected -5.1% first-year return on $62,853 initial cash invested.
-5.1%
Cash On Cash
5.66%
Cap Rate
0.91
DSCR
$2,382
Rent
-$267
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,382 income − $2,649 expenses = $267 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,853
Downpayment
20%
$59,860
Closing costs
1%
$2,993
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,382
Total Expenses
$2,649
Mortgage P&I
65%
$1,560
Property Taxes
13%
$321
Home Insurance
4%
$107
HOA
2%
$42
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0