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This property looks like a bad Long-Term investment with a projected -11.49% first-year return on $61,530 initial cash invested.
-11.49%
Cash On Cash
4.76%
Cap Rate
0.7
DSCR
$2,030
Rent
-$589
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,030 income − $2,619 expenses = $589 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,530
Downpayment
20%
$58,600
Closing costs
1%
$2,930
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,030
Total Expenses
$2,619
Mortgage P&I
81%
$1,650
Property Taxes
16%
$316
Home Insurance
5%
$103
HOA
1%
$21
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0