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This property looks like a bad Long-Term investment with a projected -8.07% first-year return on $62,307 initial cash invested.
-8.07%
Cash On Cash
4.97%
Cap Rate
0.79
DSCR
$1,987
Rent
-$419
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,987 income − $2,406 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,307
Downpayment
20%
$59,340
Closing costs
1%
$2,967
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,987
Total Expenses
$2,406
Mortgage P&I
78%
$1,549
Property Taxes
14%
$285
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0