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This property looks like a bad Long-Term investment with a projected -4.22% first-year return on $60,879 initial cash invested.
-4.22%
Cash On Cash
5.65%
Cap Rate
0.92
DSCR
$2,042
Rent
-$214
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,042 income − $2,256 expenses = $214 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,042
Total Expenses
$2,256
Mortgage P&I
72%
$1,477
Property Taxes
7%
$146
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0