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This property looks like a bad Long-Term investment with a projected -15.15% first-year return on $62,265 initial cash invested.
-15.15%
Cash On Cash
3.33%
Cap Rate
0.55
DSCR
$2,115
Rent
-$786
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,115 income − $2,901 expenses = $786 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,265
Downpayment
20%
$59,300
Closing costs
1%
$2,965
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,115
Total Expenses
$2,901
Mortgage P&I
71%
$1,502
Property Taxes
35%
$747
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0