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This property looks like a bad Long-Term investment with a projected -4.96% first-year return on $62,160 initial cash invested.
-4.96%
Cash On Cash
5.31%
Cap Rate
0.89
DSCR
$1,862
Rent
-$257
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,862 income − $2,119 expenses = $257 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,160
Downpayment
20%
$59,200
Closing costs
1%
$2,960
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,862
Total Expenses
$2,119
Mortgage P&I
79%
$1,474
Property Taxes
3%
$63
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0