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This property looks like a bad Long-Term investment with a projected -2.38% first-year return on $61,593 initial cash invested.
-2.38%
Cash On Cash
6.87%
Cap Rate
1
DSCR
$2,369
Rent
-$122
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,369 income − $2,491 expenses = $122 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,369
Total Expenses
$2,491
Mortgage P&I
71%
$1,684
Property Taxes
4%
$87
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$237
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0