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This property looks like a bad Long-Term investment with a projected -6.46% first-year return on $61,887 initial cash invested.
-6.46%
Cash On Cash
5.55%
Cap Rate
0.87
DSCR
$2,562
Rent
-$333
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,562 income − $2,895 expenses = $333 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,887
Downpayment
20%
$58,940
Closing costs
1%
$2,947
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,562
Total Expenses
$2,895
Mortgage P&I
61%
$1,569
Property Taxes
22%
$555
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0