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This property looks like a bad Long-Term investment with a projected -6.02% first-year return on $62,979 initial cash invested.
-6.02%
Cash On Cash
5.13%
Cap Rate
0.86
DSCR
$2,182
Rent
-$316
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,182 income − $2,498 expenses = $316 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,182
Total Expenses
$2,498
Mortgage P&I
68%
$1,490
Property Taxes
15%
$336
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0