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This property looks like a bad Long-Term investment with a projected -20.29% first-year return on $60,921 initial cash invested.
-20.29%
Cash On Cash
2.2%
Cap Rate
0.37
DSCR
$2,294
Rent
-$1,030
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,294 income − $3,324 expenses = $1,030 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,921
Downpayment
20%
$58,020
Closing costs
1%
$2,901
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,294
Total Expenses
$3,324
Mortgage P&I
63%
$1,446
Property Taxes
10%
$219
Home Insurance
5%
$105
HOA
42%
$957
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0