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This property looks like a bad Long-Term investment with a projected -3.96% first-year return on $62,118 initial cash invested.
-3.96%
Cash On Cash
5.76%
Cap Rate
0.94
DSCR
$2,165
Rent
-$205
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,165 income − $2,370 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,118
Downpayment
20%
$59,160
Closing costs
1%
$2,958
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,165
Total Expenses
$2,370
Mortgage P&I
70%
$1,518
Property Taxes
9%
$185
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0