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This property looks like a bad Long-Term investment with a projected -1.4% first-year return on $62,538 initial cash invested.
-1.4%
Cash On Cash
6.08%
Cap Rate
1.03
DSCR
$2,242
Rent
-$73
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,242 income − $2,315 expenses = $73 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,538
Downpayment
20%
$59,560
Closing costs
1%
$2,978
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,242
Total Expenses
$2,315
Mortgage P&I
66%
$1,470
Property Taxes
6%
$140
Home Insurance
5%
$122
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0