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This property looks like a bad Long-Term investment with a projected -8.3% first-year return on $62,475 initial cash invested.
-8.3%
Cash On Cash
5.1%
Cap Rate
0.8
DSCR
$2,277
Rent
-$432
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,277 income − $2,709 expenses = $432 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,475
Downpayment
20%
$59,500
Closing costs
1%
$2,975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,277
Total Expenses
$2,709
Mortgage P&I
69%
$1,582
Property Taxes
19%
$429
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0