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This property looks like a bad Long-Term investment with a projected -17.2% first-year return on $60,690 initial cash invested.
-17.2%
Cash On Cash
2.79%
Cap Rate
0.45
DSCR
$1,028
Rent
-$870
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,028 income − $1,898 expenses = $870 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,028
Total Expenses
$1,898
Mortgage P&I
145%
$1,491
Property Taxes
4%
$39
Home Insurance
10%
$101
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$51
Vacancy
6%
$62
Maintenance
5%
$51
Other
0%
$0