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This property looks like a bad Long-Term investment with a projected -7.93% first-year return on $61,131 initial cash invested.
-7.93%
Cash On Cash
5.13%
Cap Rate
0.8
DSCR
$2,011
Rent
-$404
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,011 income − $2,415 expenses = $404 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,131
Downpayment
20%
$58,220
Closing costs
1%
$2,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,011
Total Expenses
$2,415
Mortgage P&I
77%
$1,547
Property Taxes
12%
$239
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0