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This property looks like a bad Long-Term investment with a projected -1.13% first-year return on $62,622 initial cash invested.
-1.13%
Cash On Cash
6.3%
Cap Rate
1.06
DSCR
$2,866
Rent
-$59
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,866 income − $2,925 expenses = $59 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,866
Total Expenses
$2,925
Mortgage P&I
52%
$1,481
Property Taxes
15%
$419
Home Insurance
4%
$105
HOA
6%
$175
Property Management
10%
$287
CapEx
5%
$143
Vacancy
6%
$172
Maintenance
5%
$143
Other
0%
$0