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This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $61,593 initial cash invested.
-6.2%
Cash On Cash
5.84%
Cap Rate
0.88
DSCR
$2,403
Rent
-$318
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,403 income − $2,721 expenses = $318 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,403
Total Expenses
$2,721
Mortgage P&I
68%
$1,625
Property Taxes
16%
$384
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$240
CapEx
5%
$120
Vacancy
6%
$144
Maintenance
5%
$120
Other
0%
$0