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This property looks like a bad Long-Term investment with a projected -4.45% first-year return on $60,900 initial cash invested.
-4.45%
Cash On Cash
5.37%
Cap Rate
0.91
DSCR
$1,998
Rent
-$226
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,998 income − $2,224 expenses = $226 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.2%
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
$1,998
Total Expenses
$2,224
Mortgage P&I
71%
$1,424
Property Taxes
8%
$166
Home Insurance
6%
$114
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0