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This property looks like a bad Long-Term investment with a projected -12.24% first-year return on $60,984 initial cash invested.
-12.24%
Cash On Cash
3.6%
Cap Rate
0.61
DSCR
$1,498
Rent
-$622
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,984
Downpayment
20%
$58,080
Closing costs
1%
$2,904
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,498
Total Expenses
$2,120
Mortgage P&I
95%
$1,418
Property Taxes
14%
$207
Home Insurance
7%
$105
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0