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This property looks like a bad Long-Term investment with a projected -10.94% first-year return on $62,433 initial cash invested.
-10.94%
Cash On Cash
4.69%
Cap Rate
0.71
DSCR
$2,041
Rent
-$569
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,041 income − $2,610 expenses = $569 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,041
Total Expenses
$2,610
Mortgage P&I
80%
$1,629
Property Taxes
10%
$197
Home Insurance
6%
$117
HOA
7%
$137
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0