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This property looks like a bad Long-Term investment with a projected -4.57% first-year return on $60,669 initial cash invested.
-4.57%
Cash On Cash
5.99%
Cap Rate
0.92
DSCR
$2,263
Rent
-$231
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,263 income − $2,494 expenses = $231 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,669
Downpayment
20%
$57,780
Closing costs
1%
$2,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,263
Total Expenses
$2,494
Mortgage P&I
69%
$1,559
Property Taxes
11%
$242
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0