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This property looks like a bad Long-Term investment with a projected -2.07% first-year return on $60,879 initial cash invested.
-2.07%
Cash On Cash
6.22%
Cap Rate
1.01
DSCR
$2,391
Rent
-$105
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,391 income − $2,496 expenses = $105 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,391
Total Expenses
$2,496
Mortgage P&I
62%
$1,487
Property Taxes
11%
$264
Home Insurance
4%
$102
HOA
1%
$21
Property Management
10%
$239
CapEx
5%
$120
Vacancy
6%
$143
Maintenance
5%
$120
Other
0%
$0