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This property looks like a bad Long-Term investment with a projected -3.63% first-year return on $61,509 initial cash invested.
-3.63%
Cash On Cash
5.59%
Cap Rate
0.94
DSCR
$2,123
Rent
-$186
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,123 income − $2,309 expenses = $186 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,509
Downpayment
20%
$58,580
Closing costs
1%
$2,929
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,123
Total Expenses
$2,309
Mortgage P&I
68%
$1,445
Property Taxes
10%
$208
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0