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This property looks like a bad Long-Term investment with a projected -9.46% first-year return on $62,160 initial cash invested.
-9.46%
Cash On Cash
4.62%
Cap Rate
0.74
DSCR
$1,888
Rent
-$490
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,888 income − $2,378 expenses = $490 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,160
Downpayment
20%
$59,200
Closing costs
1%
$2,960
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,888
Total Expenses
$2,378
Mortgage P&I
81%
$1,536
Property Taxes
12%
$222
Home Insurance
6%
$105
HOA
1%
$25
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0