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This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $63,567 initial cash invested.
-5.74%
Cash On Cash
5.98%
Cap Rate
0.9
DSCR
$2,631
Rent
-$304
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,631 income − $2,935 expenses = $304 out of pocket
Investment Breakdown
|
Purchase Price
$303k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,567
Downpayment
20%
$60,540
Closing costs
1%
$3,027
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,631
Total Expenses
$2,935
Mortgage P&I
64%
$1,681
Property Taxes
18%
$464
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$263
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0