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This property looks like a bad Long-Term investment with a projected -11.4% first-year return on $62,118 initial cash invested.
-11.4%
Cash On Cash
4.15%
Cap Rate
0.68
DSCR
$2,011
Rent
-$590
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,011 income − $2,601 expenses = $590 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,118
Downpayment
20%
$59,160
Closing costs
1%
$2,958
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,011
Total Expenses
$2,601
Mortgage P&I
75%
$1,513
Property Taxes
23%
$459
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0