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This property looks like a bad Long-Term investment with a projected -2.35% first-year return on $64,785 initial cash invested.
-2.35%
Cash On Cash
5.97%
Cap Rate
0.99
DSCR
$2,346
Rent
-$127
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,346 income − $2,473 expenses = $127 out of pocket
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,785
Downpayment
20%
$61,700
Closing costs
1%
$3,085
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,346
Total Expenses
$2,473
Mortgage P&I
66%
$1,546
Property Taxes
9%
$207
Home Insurance
5%
$110
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0