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This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $62,643 initial cash invested.
-8.62%
Cash On Cash
4.65%
Cap Rate
0.76
DSCR
$1,785
Rent
-$450
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,785 income − $2,235 expenses = $450 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,643
Downpayment
20%
$59,660
Closing costs
1%
$2,983
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,785
Total Expenses
$2,235
Mortgage P&I
85%
$1,518
Property Taxes
8%
$136
Home Insurance
6%
$107
HOA
1%
$11
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0