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This property looks like a bad Long-Term investment with a projected -16.24% first-year return on $60,585 initial cash invested.
-16.24%
Cash On Cash
3.69%
Cap Rate
0.55
DSCR
$1,705
Rent
-$820
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,705 income − $2,525 expenses = $820 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,585
Downpayment
20%
$57,700
Closing costs
1%
$2,885
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,705
Total Expenses
$2,525
Mortgage P&I
95%
$1,622
Property Taxes
14%
$242
Home Insurance
6%
$105
HOA
7%
$114
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0