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This property looks like a bad Long-Term investment with a projected -1.51% first-year return on $62,034 initial cash invested.
-1.51%
Cash On Cash
6.22%
Cap Rate
1.03
DSCR
$2,410
Rent
-$78
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,410 income − $2,488 expenses = $78 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,034
Downpayment
20%
$59,080
Closing costs
1%
$2,954
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,410
Total Expenses
$2,488
Mortgage P&I
62%
$1,488
Property Taxes
1%
$34
Home Insurance
4%
$105
HOA
10%
$235
Property Management
10%
$241
CapEx
5%
$120
Vacancy
6%
$145
Maintenance
5%
$120
Other
0%
$0