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This property looks like a bad Long-Term investment with a projected -13.01% first-year return on $62,160 initial cash invested.
-13.01%
Cash On Cash
3.91%
Cap Rate
0.63
DSCR
$2,046
Rent
-$674
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,046 income − $2,720 expenses = $674 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,160
Downpayment
20%
$59,200
Closing costs
1%
$2,960
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,046
Total Expenses
$2,720
Mortgage P&I
75%
$1,536
Property Taxes
28%
$575
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0