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This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $60,900 initial cash invested.
-3.41%
Cash On Cash
5.85%
Cap Rate
0.98
DSCR
$2,746
Rent
-$173
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,746 income − $2,919 expenses = $173 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
$2,746
Total Expenses
$2,919
Mortgage P&I
53%
$1,450
Property Taxes
24%
$667
Home Insurance
3%
$88
HOA
0%
$0
Property Management
10%
$275
CapEx
5%
$137
Vacancy
6%
$165
Maintenance
5%
$137
Other
0%
$0