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This property looks like a bad Long-Term investment with a projected -9.33% first-year return on $62,370 initial cash invested.
-9.33%
Cash On Cash
4.32%
Cap Rate
0.73
DSCR
$1,658
Rent
-$485
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,658 income − $2,143 expenses = $485 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,370
Downpayment
20%
$59,400
Closing costs
1%
$2,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,658
Total Expenses
$2,143
Mortgage P&I
89%
$1,471
Property Taxes
8%
$137
Home Insurance
6%
$104
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0