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This property looks like a bad Long-Term investment with a projected -2.91% first-year return on $59,346 initial cash invested.
-2.91%
Cash On Cash
5.99%
Cap Rate
0.97
DSCR
$2,057
Rent
-$144
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,057 income − $2,201 expenses = $144 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,346
Downpayment
20%
$56,520
Closing costs
1%
$2,826
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,057
Total Expenses
$2,201
Mortgage P&I
71%
$1,452
Property Taxes
2%
$45
Home Insurance
5%
$107
HOA
3%
$62
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0