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This property looks like a bad Long-Term investment with a projected -3.62% first-year return on $60,690 initial cash invested.
-3.62%
Cash On Cash
5.69%
Cap Rate
0.95
DSCR
$2,271
Rent
-$183
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,271 income − $2,454 expenses = $183 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$2,454
Mortgage P&I
63%
$1,439
Property Taxes
14%
$323
Home Insurance
4%
$101
HOA
0%
$0
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0