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This property looks like a bad Long-Term investment with a projected -6.88% first-year return on $62,580 initial cash invested.
-6.88%
Cash On Cash
5.19%
Cap Rate
0.83
DSCR
$2,015
Rent
-$359
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,015 income − $2,374 expenses = $359 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,015
Total Expenses
$2,374
Mortgage P&I
77%
$1,546
Property Taxes
10%
$199
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0