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This property looks like a bad Long-Term investment with a projected -4.99% first-year return on $64,890 initial cash invested.
-4.99%
Cash On Cash
5.6%
Cap Rate
0.91
DSCR
$2,636
Rent
-$270
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,636 income − $2,906 expenses = $270 out of pocket
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,890
Downpayment
20%
$61,800
Closing costs
1%
$3,090
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,636
Total Expenses
$2,906
Mortgage P&I
60%
$1,581
Property Taxes
20%
$516
Home Insurance
4%
$108
HOA
1%
$15
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0