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This property looks like a bad Long-Term investment with a projected -4.04% first-year return on $62,370 initial cash invested.
-4.04%
Cash On Cash
5.72%
Cap Rate
0.94
DSCR
$2,293
Rent
-$210
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,293 income − $2,503 expenses = $210 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,370
Downpayment
20%
$59,400
Closing costs
1%
$2,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,293
Total Expenses
$2,503
Mortgage P&I
66%
$1,511
Property Taxes
13%
$291
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0