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This property looks like a bad Long-Term investment with a projected -2.46% first-year return on $61,887 initial cash invested.
-2.46%
Cash On Cash
6.19%
Cap Rate
0.99
DSCR
$2,225
Rent
-$127
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,225 income − $2,352 expenses = $127 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,887
Downpayment
20%
$58,940
Closing costs
1%
$2,947
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,225
Total Expenses
$2,352
Mortgage P&I
69%
$1,535
Property Taxes
6%
$134
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$134
Maintenance
5%
$111
Other
0%
$0