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This property looks like a bad Long-Term investment with a projected -2.22% first-year return on $63,315 initial cash invested.
-2.22%
Cash On Cash
6.18%
Cap Rate
1.01
DSCR
$2,505
Rent
-$117
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,505 income − $2,622 expenses = $117 out of pocket
Investment Breakdown
|
Purchase Price
$302k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,315
Downpayment
20%
$60,300
Closing costs
1%
$3,015
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,505
Total Expenses
$2,622
Mortgage P&I
62%
$1,544
Property Taxes
14%
$341
Home Insurance
3%
$87
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0