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This property looks like a bad Long-Term investment with a projected -5.05% first-year return on $62,517 initial cash invested.
-5.05%
Cash On Cash
5.42%
Cap Rate
0.91
DSCR
$2,472
Rent
-$263
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,472 income − $2,735 expenses = $263 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,517
Downpayment
20%
$59,540
Closing costs
1%
$2,977
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,472
Total Expenses
$2,735
Mortgage P&I
60%
$1,483
Property Taxes
12%
$298
Home Insurance
4%
$107
HOA
8%
$204
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0