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This property looks like a bad Long-Term investment with a projected -2.03% first-year return on $60,438 initial cash invested.
-2.03%
Cash On Cash
6.04%
Cap Rate
1.01
DSCR
$2,422
Rent
-$102
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,422 income − $2,524 expenses = $102 out of pocket
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,438
Downpayment
20%
$57,560
Closing costs
1%
$2,878
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,422
Total Expenses
$2,524
Mortgage P&I
59%
$1,430
Property Taxes
15%
$360
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0