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This property looks like a bad Long-Term investment with a projected -6.25% first-year return on $62,622 initial cash invested.
-6.25%
Cash On Cash
5.44%
Cap Rate
0.86
DSCR
$2,085
Rent
-$326
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,085 income − $2,411 expenses = $326 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,085
Total Expenses
$2,411
Mortgage P&I
75%
$1,573
Property Taxes
9%
$194
Home Insurance
5%
$103
HOA
0%
$0
Property Management
10%
$208
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0