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This property looks like a bad Long-Term investment with a projected -4.39% first-year return on $61,551 initial cash invested.
-4.39%
Cash On Cash
5.61%
Cap Rate
0.92
DSCR
$2,159
Rent
-$225
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,159 income − $2,384 expenses = $225 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,551
Downpayment
20%
$58,620
Closing costs
1%
$2,931
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,159
Total Expenses
$2,384
Mortgage P&I
69%
$1,487
Property Taxes
11%
$233
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0