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This property looks like a bad Long-Term investment with a projected -8.7% first-year return on $61,509 initial cash invested.
-8.7%
Cash On Cash
4.65%
Cap Rate
0.77
DSCR
$2,177
Rent
-$446
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,177 income − $2,623 expenses = $446 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,177
Total Expenses
$2,623
Mortgage P&I
68%
$1,471
Property Taxes
22%
$480
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0