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This property looks like a bad Long-Term investment with a projected -1.78% first-year return on $59,871 initial cash invested.
-1.78%
Cash On Cash
6.07%
Cap Rate
1.02
DSCR
$2,299
Rent
-$89
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,299 income − $2,388 expenses = $89 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,871
Downpayment
20%
$57,020
Closing costs
1%
$2,851
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,299
Total Expenses
$2,388
Mortgage P&I
62%
$1,415
Property Taxes
12%
$273
Home Insurance
4%
$102
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0