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This property looks like a bad Long-Term investment with a projected -5.29% first-year return on $62,874 initial cash invested.
-5.29%
Cash On Cash
5.43%
Cap Rate
0.9
DSCR
$2,454
Rent
-$277
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,454 income − $2,731 expenses = $277 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,874
Downpayment
20%
$59,880
Closing costs
1%
$2,994
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,454
Total Expenses
$2,731
Mortgage P&I
61%
$1,509
Property Taxes
20%
$479
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$245
CapEx
5%
$123
Vacancy
6%
$147
Maintenance
5%
$123
Other
0%
$0