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This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $62,370 initial cash invested.
-5.08%
Cash On Cash
5.31%
Cap Rate
0.9
DSCR
$2,270
Rent
-$264
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,270 income − $2,534 expenses = $264 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,370
Downpayment
20%
$59,400
Closing costs
1%
$2,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,270
Total Expenses
$2,534
Mortgage P&I
65%
$1,465
Property Taxes
14%
$329
Home Insurance
6%
$126
HOA
1%
$23
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0