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This property looks like a bad Long-Term investment with a projected -4.38% first-year return on $63,000 initial cash invested.
-4.38%
Cash On Cash
5.75%
Cap Rate
0.94
DSCR
$2,795
Rent
-$230
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,795 income − $3,025 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,000
Downpayment
20%
$60,000
Closing costs
1%
$3,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,795
Total Expenses
$3,025
Mortgage P&I
55%
$1,528
Property Taxes
24%
$664
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0