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This property looks like a bad Long-Term investment with a projected -3.21% first-year return on $64,617 initial cash invested.
-3.21%
Cash On Cash
5.91%
Cap Rate
0.97
DSCR
$2,460
Rent
-$173
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,460 income − $2,633 expenses = $173 out of pocket
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,617
Downpayment
20%
$61,540
Closing costs
1%
$3,077
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,460
Total Expenses
$2,633
Mortgage P&I
64%
$1,565
Property Taxes
13%
$311
Home Insurance
5%
$117
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0