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This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $60,900 initial cash invested.
-5.24%
Cash On Cash
5.34%
Cap Rate
0.89
DSCR
$2,070
Rent
-$266
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,070 income − $2,336 expenses = $266 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,070
Total Expenses
$2,336
Mortgage P&I
70%
$1,453
Property Taxes
12%
$242
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$207
CapEx
5%
$104
Vacancy
6%
$124
Maintenance
5%
$104
Other
0%
$0