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This property looks like a bad Long-Term investment with a projected -5.63% first-year return on $62,853 initial cash invested.
-5.63%
Cash On Cash
5.3%
Cap Rate
0.87
DSCR
$2,126
Rent
-$295
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,126 income − $2,421 expenses = $295 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,853
Downpayment
20%
$59,860
Closing costs
1%
$2,993
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,126
Total Expenses
$2,421
Mortgage P&I
71%
$1,511
Property Taxes
12%
$249
Home Insurance
5%
$108
HOA
0%
$0
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0