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This property looks like a bad Long-Term investment with a projected -8.61% first-year return on $61,572 initial cash invested.
-8.61%
Cash On Cash
4.86%
Cap Rate
0.79
DSCR
$2,581
Rent
-$442
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,581 income − $3,023 expenses = $442 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,572
Downpayment
20%
$58,640
Closing costs
1%
$2,932
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,581
Total Expenses
$3,023
Mortgage P&I
58%
$1,500
Property Taxes
29%
$747
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0