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This property looks like a bad Long-Term investment with a projected -12.4% first-year return on $60,879 initial cash invested.
-12.4%
Cash On Cash
3.62%
Cap Rate
0.61
DSCR
$1,248
Rent
-$629
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
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,248
Total Expenses
$1,877
Mortgage P&I
116%
$1,442
Property Taxes
1%
$9
Home Insurance
8%
$102
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0