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This property looks like a bad Long-Term investment with a projected -4.87% first-year return on $62,349 initial cash invested.
-4.87%
Cash On Cash
5.61%
Cap Rate
0.9
DSCR
$2,020
Rent
-$253
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,020 income − $2,273 expenses = $253 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,349
Downpayment
20%
$59,380
Closing costs
1%
$2,969
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,020
Total Expenses
$2,273
Mortgage P&I
76%
$1,540
Property Taxes
5%
$101
Home Insurance
5%
$107
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0