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This property looks like a bad Long-Term investment with a projected -1.49% first-year return on $62,097 initial cash invested.
-1.49%
Cash On Cash
6.22%
Cap Rate
1.04
DSCR
$2,651
Rent
-$77
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,651 income − $2,728 expenses = $77 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,097
Downpayment
20%
$59,140
Closing costs
1%
$2,957
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,651
Total Expenses
$2,728
Mortgage P&I
56%
$1,476
Property Taxes
17%
$457
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0