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This property looks like a bad Long-Term investment with a projected -6.54% first-year return on $62,244 initial cash invested.
-6.54%
Cash On Cash
5.54%
Cap Rate
0.86
DSCR
$2,436
Rent
-$339
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,436 income − $2,775 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,244
Downpayment
20%
$59,280
Closing costs
1%
$2,964
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,436
Total Expenses
$2,775
Mortgage P&I
65%
$1,585
Property Taxes
19%
$452
Home Insurance
4%
$104
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0