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This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $62,433 initial cash invested.
-10.46%
Cash On Cash
4.53%
Cap Rate
0.72
DSCR
$2,016
Rent
-$544
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,016 income − $2,560 expenses = $544 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,433
Downpayment
20%
$59,460
Closing costs
1%
$2,973
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,016
Total Expenses
$2,560
Mortgage P&I
78%
$1,566
Property Taxes
18%
$362
Home Insurance
5%
$107
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0