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This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $62,790 initial cash invested.
-5.22%
Cash On Cash
5.59%
Cap Rate
0.89
DSCR
$2,100
Rent
-$273
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,100 income − $2,373 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,100
Total Expenses
$2,373
Mortgage P&I
74%
$1,562
Property Taxes
4%
$90
Home Insurance
5%
$105
HOA
3%
$70
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0