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This property looks like a bad Long-Term investment with a projected -0.73% first-year return on $59,535 initial cash invested.
-0.73%
Cash On Cash
6.29%
Cap Rate
1.07
DSCR
$2,595
Rent
-$36
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,595 income − $2,631 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,535
Downpayment
20%
$56,700
Closing costs
1%
$2,835
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,595
Total Expenses
$2,631
Mortgage P&I
54%
$1,393
Property Taxes
18%
$471
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0