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This property looks like a bad Long-Term investment with a projected -7.55% first-year return on $60,900 initial cash invested.
-7.55%
Cash On Cash
4.94%
Cap Rate
0.82
DSCR
$2,303
Rent
-$383
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,303 income − $2,686 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,303
Total Expenses
$2,686
Mortgage P&I
64%
$1,463
Property Taxes
23%
$523
Home Insurance
4%
$102
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0