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This property looks like a bad Long-Term investment with a projected -5.54% first-year return on $62,370 initial cash invested.
-5.54%
Cash On Cash
5.15%
Cap Rate
0.87
DSCR
$2,016
Rent
-$288
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.2%
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
$2,016
Total Expenses
$2,304
Mortgage P&I
72%
$1,461
Property Taxes
11%
$213
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0