Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.55% first-year return on $60,879 initial cash invested.
-8.55%
Cash On Cash
5.02%
Cap Rate
0.79
DSCR
$2,055
Rent
-$434
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,055 income − $2,489 expenses = $434 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,055
Total Expenses
$2,489
Mortgage P&I
75%
$1,544
Property Taxes
15%
$308
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$123
Maintenance
5%
$103
Other
0%
$0