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This property looks like a bad Long-Term investment with a projected -1.36% first-year return on $61,089 initial cash invested.
-1.36%
Cash On Cash
6.33%
Cap Rate
1.04
DSCR
$2,479
Rent
-$69
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,479 income − $2,548 expenses = $69 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,089
Downpayment
20%
$58,180
Closing costs
1%
$2,909
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,479
Total Expenses
$2,548
Mortgage P&I
60%
$1,480
Property Taxes
13%
$332
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0