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This property looks like a bad Long-Term investment with a projected -3.3% first-year return on $60,690 initial cash invested.
-3.3%
Cash On Cash
5.91%
Cap Rate
0.96
DSCR
$2,088
Rent
-$167
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,088 income − $2,255 expenses = $167 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,088
Total Expenses
$2,255
Mortgage P&I
71%
$1,486
Property Taxes
6%
$126
Home Insurance
5%
$101
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0