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This property looks like a bad Long-Term investment with a projected -19.19% first-year return on $60,900 initial cash invested.
-19.19%
Cash On Cash
2.32%
Cap Rate
0.39
DSCR
$2,009
Rent
-$974
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,009 income − $2,983 expenses = $974 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,009
Total Expenses
$2,983
Mortgage P&I
71%
$1,434
Property Taxes
24%
$484
Home Insurance
5%
$102
HOA
22%
$441
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0