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This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $61,509 initial cash invested.
-9.01%
Cash On Cash
5.15%
Cap Rate
0.78
DSCR
$2,045
Rent
-$462
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,045 income − $2,507 expenses = $462 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,509
Downpayment
20%
$58,580
Closing costs
1%
$2,929
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,045
Total Expenses
$2,507
Mortgage P&I
79%
$1,618
Property Taxes
12%
$253
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0