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This property looks like a bad Long-Term investment with a projected -7.89% first-year return on $60,690 initial cash invested.
-7.89%
Cash On Cash
4.99%
Cap Rate
0.8
DSCR
$2,164
Rent
-$399
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,164 income − $2,563 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,164
Total Expenses
$2,563
Mortgage P&I
69%
$1,492
Property Taxes
19%
$408
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$130
Maintenance
5%
$108
Other
0%
$0