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This property looks like a bad Long-Term investment with a projected -4.42% first-year return on $62,433 initial cash invested.
-4.42%
Cash On Cash
5.62%
Cap Rate
0.92
DSCR
$2,296
Rent
-$230
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,296 income − $2,526 expenses = $230 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,433
Downpayment
20%
$59,460
Closing costs
1%
$2,973
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,296
Total Expenses
$2,526
Mortgage P&I
66%
$1,507
Property Taxes
14%
$316
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0