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This property looks like a bad Long-Term investment with a projected -4.37% first-year return on $62,580 initial cash invested.
-4.37%
Cash On Cash
6.24%
Cap Rate
0.93
DSCR
$2,327
Rent
-$228
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,327 income − $2,555 expenses = $228 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,580
Downpayment
20%
$59,600
Closing costs
1%
$2,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,327
Total Expenses
$2,555
Mortgage P&I
71%
$1,661
Property Taxes
8%
$185
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0