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This property looks like a bad Long-Term investment with a projected -2.2% first-year return on $62,790 initial cash invested.
-2.2%
Cash On Cash
6.11%
Cap Rate
1
DSCR
$2,431
Rent
-$115
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,431 income − $2,546 expenses = $115 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,431
Total Expenses
$2,546
Mortgage P&I
62%
$1,515
Property Taxes
12%
$293
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0