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This property looks like a bad Long-Term investment with a projected -5.07% first-year return on $60,816 initial cash invested.
-5.07%
Cash On Cash
5.31%
Cap Rate
0.89
DSCR
$2,044
Rent
-$257
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,044 income − $2,301 expenses = $257 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,816
Downpayment
20%
$57,920
Closing costs
1%
$2,896
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,044
Total Expenses
$2,301
Mortgage P&I
70%
$1,436
Property Taxes
11%
$229
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0