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This property looks like a bad Long-Term investment with a projected -5.75% first-year return on $62,454 initial cash invested.
-5.75%
Cash On Cash
5.42%
Cap Rate
0.88
DSCR
$2,264
Rent
-$299
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,264 income − $2,563 expenses = $299 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,454
Downpayment
20%
$59,480
Closing costs
1%
$2,974
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,264
Total Expenses
$2,563
Mortgage P&I
68%
$1,529
Property Taxes
15%
$341
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0