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This property looks like a bad Long-Term investment with a projected -3.49% first-year return on $62,622 initial cash invested.
-3.49%
Cash On Cash
5.9%
Cap Rate
0.96
DSCR
$2,462
Rent
-$182
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,462 income − $2,644 expenses = $182 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,622
Downpayment
20%
$59,640
Closing costs
1%
$2,982
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,462
Total Expenses
$2,644
Mortgage P&I
62%
$1,525
Property Taxes
15%
$374
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0