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This property looks like a bad Long-Term investment with a projected -4.31% first-year return on $62,979 initial cash invested.
-4.31%
Cash On Cash
5.5%
Cap Rate
0.93
DSCR
$2,347
Rent
-$226
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,347 income − $2,573 expenses = $226 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,347
Total Expenses
$2,573
Mortgage P&I
63%
$1,484
Property Taxes
16%
$374
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$117
Vacancy
6%
$141
Maintenance
5%
$117
Other
0%
$0