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This property looks like a bad Long-Term investment with a projected -4.03% first-year return on $65,289 initial cash invested.
-4.03%
Cash On Cash
6.56%
Cap Rate
0.95
DSCR
$2,560
Rent
-$219
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,560 income − $2,779 expenses = $219 out of pocket
Investment Breakdown
|
Purchase Price
$311k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,289
Downpayment
20%
$62,180
Closing costs
1%
$3,109
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,560
Total Expenses
$2,779
Mortgage P&I
70%
$1,791
Property Taxes
8%
$208
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0