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This property looks like a bad Long-Term investment with a projected -6.73% first-year return on $62,622 initial cash invested.
-6.73%
Cash On Cash
5.04%
Cap Rate
0.84
DSCR
$2,122
Rent
-$351
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,122 income − $2,473 expenses = $351 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,122
Total Expenses
$2,473
Mortgage P&I
71%
$1,497
Property Taxes
7%
$150
Home Insurance
5%
$107
HOA
8%
$168
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0