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This property looks like a bad Long-Term investment with a projected -1.55% first-year return on $61,950 initial cash invested.
-1.55%
Cash On Cash
6.12%
Cap Rate
1.03
DSCR
$2,425
Rent
-$80
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,425 income − $2,505 expenses = $80 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,425
Total Expenses
$2,505
Mortgage P&I
60%
$1,464
Property Taxes
13%
$308
Home Insurance
4%
$103
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0