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This property looks like a bad Long-Term investment with a projected -2.47% first-year return on $60,228 initial cash invested.
-2.47%
Cash On Cash
5.99%
Cap Rate
0.99
DSCR
$2,298
Rent
-$124
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,298 income − $2,422 expenses = $124 out of pocket
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,228
Downpayment
20%
$57,360
Closing costs
1%
$2,868
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,298
Total Expenses
$2,422
Mortgage P&I
63%
$1,441
Property Taxes
12%
$278
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0