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This property looks like a bad Long-Term investment with a projected -5.8% first-year return on $66,171 initial cash invested.
-5.8%
Cash On Cash
5.69%
Cap Rate
0.88
DSCR
$2,290
Rent
-$320
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,290 income − $2,610 expenses = $320 out of pocket
Investment Breakdown
|
Purchase Price
$315k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,171
Downpayment
20%
$63,020
Closing costs
1%
$3,151
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,290
Total Expenses
$2,610
Mortgage P&I
74%
$1,701
Property Taxes
9%
$205
Home Insurance
5%
$110
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0