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This property looks like a bad Long-Term investment with a projected -14.06% first-year return on $62,580 initial cash invested.
-14.06%
Cash On Cash
3.42%
Cap Rate
0.56
DSCR
$1,279
Rent
-$733
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,279 income − $2,012 expenses = $733 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,580
Downpayment
20%
$59,600
Closing costs
1%
$2,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,279
Total Expenses
$2,012
Mortgage P&I
119%
$1,518
Property Taxes
4%
$57
Home Insurance
8%
$104
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0