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This property looks like a bad Long-Term investment with a projected -3.3% first-year return on $61,509 initial cash invested.
-3.3%
Cash On Cash
5.92%
Cap Rate
0.96
DSCR
$2,062
Rent
-$169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,062 income − $2,231 expenses = $169 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,062
Total Expenses
$2,231
Mortgage P&I
73%
$1,512
Property Taxes
4%
$78
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0