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This property looks like a bad Long-Term investment with a projected -14.82% first-year return on $64,050 initial cash invested.
-14.82%
Cash On Cash
3.36%
Cap Rate
0.56
DSCR
$2,200
Rent
-$791
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,200 income − $2,991 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$305k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,050
Downpayment
20%
$61,000
Closing costs
1%
$3,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,200
Total Expenses
$2,991
Mortgage P&I
70%
$1,534
Property Taxes
33%
$728
Home Insurance
5%
$107
HOA
2%
$50
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0