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This property looks like a bad Long-Term investment with a projected -4.28% first-year return on $61,467 initial cash invested.
-4.28%
Cash On Cash
5.67%
Cap Rate
0.93
DSCR
$2,264
Rent
-$219
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,264 income − $2,483 expenses = $219 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,264
Total Expenses
$2,483
Mortgage P&I
66%
$1,489
Property Taxes
13%
$302
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0