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This property looks like a bad Long-Term investment with a projected -5.68% first-year return on $62,139 initial cash invested.
-5.68%
Cash On Cash
5.42%
Cap Rate
0.88
DSCR
$2,375
Rent
-$294
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,375 income − $2,669 expenses = $294 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,139
Downpayment
20%
$59,180
Closing costs
1%
$2,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,375
Total Expenses
$2,669
Mortgage P&I
64%
$1,512
Property Taxes
18%
$418
Home Insurance
5%
$108
HOA
1%
$13
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0