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This property looks like a bad Long-Term investment with a projected -3.74% first-year return on $62,286 initial cash invested.
-3.74%
Cash On Cash
6.32%
Cap Rate
0.95
DSCR
$2,358
Rent
-$194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,358 income − $2,552 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,286
Downpayment
20%
$59,320
Closing costs
1%
$2,966
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,358
Total Expenses
$2,552
Mortgage P&I
69%
$1,637
Property Taxes
8%
$197
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0