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This property looks like a bad Long-Term investment with a projected -9.87% first-year return on $62,244 initial cash invested.
-9.87%
Cash On Cash
4.73%
Cap Rate
0.74
DSCR
$1,977
Rent
-$512
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,977 income − $2,489 expenses = $512 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,244
Downpayment
20%
$59,280
Closing costs
1%
$2,964
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,977
Total Expenses
$2,489
Mortgage P&I
80%
$1,582
Property Taxes
14%
$274
Home Insurance
5%
$105
HOA
1%
$13
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0