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This property looks like a bad Long-Term investment with a projected -13.9% first-year return on $60,606 initial cash invested.
-13.9%
Cash On Cash
3.33%
Cap Rate
0.56
DSCR
$1,598
Rent
-$702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,598 income − $2,300 expenses = $702 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,606
Downpayment
20%
$57,720
Closing costs
1%
$2,886
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,598
Total Expenses
$2,300
Mortgage P&I
89%
$1,423
Property Taxes
22%
$356
Home Insurance
7%
$105
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0