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This property looks like a bad Long-Term investment with a projected -7.42% first-year return on $62,601 initial cash invested.
-7.42%
Cash On Cash
4.94%
Cap Rate
0.81
DSCR
$1,883
Rent
-$387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,883 income − $2,270 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,601
Downpayment
20%
$59,620
Closing costs
1%
$2,981
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,883
Total Expenses
$2,270
Mortgage P&I
81%
$1,520
Property Taxes
8%
$153
Home Insurance
6%
$108
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0