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This property looks like a bad Long-Term investment with a projected -15.61% first-year return on $62,412 initial cash invested.
-15.61%
Cash On Cash
3.03%
Cap Rate
0.5
DSCR
$1,460
Rent
-$812
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,460 income − $2,272 expenses = $812 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,412
Downpayment
20%
$59,440
Closing costs
1%
$2,972
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,460
Total Expenses
$2,272
Mortgage P&I
102%
$1,490
Property Taxes
20%
$297
Home Insurance
7%
$105
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0