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This property looks like a bad Long-Term investment with a projected -8.59% first-year return on $60,900 initial cash invested.
-8.59%
Cash On Cash
5.46%
Cap Rate
0.8
DSCR
$2,208
Rent
-$436
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,208 income − $2,644 expenses = $436 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,900
Downpayment
20%
$58,000
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,208
Total Expenses
$2,644
Mortgage P&I
75%
$1,646
Property Taxes
15%
$323
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0