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This property looks like a bad Long-Term investment with a projected -4.71% first-year return on $62,370 initial cash invested.
-4.71%
Cash On Cash
5.42%
Cap Rate
0.91
DSCR
$2,336
Rent
-$245
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,336 income − $2,581 expenses = $245 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,336
Total Expenses
$2,581
Mortgage P&I
63%
$1,469
Property Taxes
17%
$400
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0