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This property looks like a bad Long-Term investment with a projected -6.64% first-year return on $61,089 initial cash invested.
-6.64%
Cash On Cash
5.84%
Cap Rate
0.87
DSCR
$2,625
Rent
-$338
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,625 income − $2,963 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,089
Downpayment
20%
$58,180
Closing costs
1%
$2,909
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,625
Total Expenses
$2,963
Mortgage P&I
62%
$1,622
Property Taxes
19%
$493
Home Insurance
4%
$107
HOA
2%
$59
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0