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This property looks like a bad Long-Term investment with a projected -5.29% first-year return on $62,433 initial cash invested.
-5.29%
Cash On Cash
5.35%
Cap Rate
0.89
DSCR
$2,165
Rent
-$275
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,165 income − $2,440 expenses = $275 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,433
Downpayment
20%
$59,460
Closing costs
1%
$2,973
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,165
Total Expenses
$2,440
Mortgage P&I
69%
$1,493
Property Taxes
12%
$252
Home Insurance
5%
$107
HOA
1%
$26
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0