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This property looks like a bad Long-Term investment with a projected -16.65% first-year return on $62,475 initial cash invested.
-16.65%
Cash On Cash
2.71%
Cap Rate
0.45
DSCR
$985
Rent
-$867
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.4%
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
$985
Total Expenses
$1,852
Mortgage P&I
151%
$1,491
Property Taxes
0%
$2
Home Insurance
11%
$104
HOA
0%
$0
Property Management
10%
$98
CapEx
5%
$49
Vacancy
6%
$59
Maintenance
5%
$49
Other
0%
$0