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This property looks like a bad Long-Term investment with a projected -6.24% first-year return on $61,929 initial cash invested.
-6.24%
Cash On Cash
5.18%
Cap Rate
0.86
DSCR
$2,164
Rent
-$322
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,164 income − $2,486 expenses = $322 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,929
Downpayment
20%
$58,980
Closing costs
1%
$2,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,164
Total Expenses
$2,486
Mortgage P&I
69%
$1,486
Property Taxes
9%
$200
Home Insurance
5%
$103
HOA
6%
$135
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0