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This property looks like a bad Long-Term investment with a projected -13.21% first-year return on $62,496 initial cash invested.
-13.21%
Cash On Cash
3.42%
Cap Rate
0.58
DSCR
$1,322
Rent
-$688
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,322 income − $2,010 expenses = $688 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,496
Downpayment
20%
$59,520
Closing costs
1%
$2,976
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,322
Total Expenses
$2,010
Mortgage P&I
111%
$1,470
Property Taxes
7%
$90
Home Insurance
8%
$107
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0