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This property looks like a bad Long-Term investment with a projected -3.61% first-year return on $62,790 initial cash invested.
-3.61%
Cash On Cash
5.85%
Cap Rate
0.94
DSCR
$2,068
Rent
-$189
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,068 income − $2,257 expenses = $189 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,068
Total Expenses
$2,257
Mortgage P&I
75%
$1,543
Property Taxes
3%
$72
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0