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This property looks like a bad Long-Term investment with a projected -17.24% first-year return on $61,950 initial cash invested.
-17.24%
Cash On Cash
2.98%
Cap Rate
0.47
DSCR
$1,200
Rent
-$890
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,200 income − $2,090 expenses = $890 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,200
Total Expenses
$2,090
Mortgage P&I
130%
$1,563
Property Taxes
9%
$112
Home Insurance
9%
$103
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0