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This property looks like a bad Long-Term investment with a projected -6.28% first-year return on $62,664 initial cash invested.
-6.28%
Cash On Cash
5.03%
Cap Rate
0.85
DSCR
$2,000
Rent
-$328
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,664
Downpayment
20%
$59,680
Closing costs
1%
$2,984
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$2,328
Mortgage P&I
74%
$1,479
Property Taxes
10%
$195
Home Insurance
5%
$105
HOA
1%
$29
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0