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This property looks like a bad Long-Term investment with a projected -4.83% first-year return on $62,139 initial cash invested.
-4.83%
Cash On Cash
5.91%
Cap Rate
0.91
DSCR
$2,219
Rent
-$250
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,219 income − $2,469 expenses = $250 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,139
Downpayment
20%
$59,180
Closing costs
1%
$2,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,219
Total Expenses
$2,469
Mortgage P&I
72%
$1,597
Property Taxes
10%
$225
Home Insurance
3%
$70
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0