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This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $62,643 initial cash invested.
-10.31%
Cash On Cash
4.32%
Cap Rate
0.72
DSCR
$2,264
Rent
-$538
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,264 income − $2,802 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,643
Downpayment
20%
$59,660
Closing costs
1%
$2,983
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,264
Total Expenses
$2,802
Mortgage P&I
66%
$1,500
Property Taxes
26%
$590
Home Insurance
5%
$105
HOA
1%
$19
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0