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This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $60,900 initial cash invested.
-7.23%
Cash On Cash
5.09%
Cap Rate
0.83
DSCR
$2,170
Rent
-$367
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,170 income − $2,537 expenses = $367 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,900
Downpayment
20%
$58,000
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,170
Total Expenses
$2,537
Mortgage P&I
69%
$1,488
Property Taxes
18%
$384
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$217
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0