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This property looks like a bad Long-Term investment with a projected -9.24% first-year return on $60,900 initial cash invested.
-9.24%
Cash On Cash
4.85%
Cap Rate
0.76
DSCR
$2,045
Rent
-$469
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,045 income − $2,514 expenses = $469 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,045
Total Expenses
$2,514
Mortgage P&I
75%
$1,539
Property Taxes
12%
$242
Home Insurance
5%
$102
HOA
5%
$100
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0