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This property looks like a bad Long-Term investment with a projected -3.83% first-year return on $61,992 initial cash invested.
-3.83%
Cash On Cash
6.44%
Cap Rate
0.96
DSCR
$2,628
Rent
-$198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,628 income − $2,826 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,992
Downpayment
20%
$59,040
Closing costs
1%
$2,952
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,628
Total Expenses
$2,826
Mortgage P&I
63%
$1,651
Property Taxes
15%
$388
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0