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This property looks like a bad Long-Term investment with a projected -7.31% first-year return on $61,089 initial cash invested.
-7.31%
Cash On Cash
5.02%
Cap Rate
0.82
DSCR
$1,981
Rent
-$372
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,981 income − $2,353 expenses = $372 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,089
Downpayment
20%
$58,180
Closing costs
1%
$2,909
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,981
Total Expenses
$2,353
Mortgage P&I
75%
$1,491
Property Taxes
13%
$258
Home Insurance
4%
$89
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0