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This property looks like a bad Long-Term investment with a projected -1.5% first-year return on $63,000 initial cash invested.
-1.5%
Cash On Cash
6.26%
Cap Rate
1.05
DSCR
$2,999
Rent
-$79
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,999 income − $3,078 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,999
Total Expenses
$3,078
Mortgage P&I
50%
$1,495
Property Taxes
23%
$698
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0