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This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $62,790 initial cash invested.
-13.49%
Cash On Cash
3.65%
Cap Rate
0.6
DSCR
$1,795
Rent
-$706
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,795 income − $2,501 expenses = $706 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,795
Total Expenses
$2,501
Mortgage P&I
85%
$1,526
Property Taxes
10%
$182
Home Insurance
6%
$110
HOA
12%
$215
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0