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This property looks like a bad Long-Term investment with a projected -5.1% first-year return on $61,467 initial cash invested.
-5.1%
Cash On Cash
5.83%
Cap Rate
0.91
DSCR
$2,239
Rent
-$261
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,239 income − $2,500 expenses = $261 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,239
Total Expenses
$2,500
Mortgage P&I
70%
$1,570
Property Taxes
11%
$243
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0