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This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $60,942 initial cash invested.
-3.39%
Cash On Cash
5.92%
Cap Rate
0.96
DSCR
$2,239
Rent
-$172
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,239 income − $2,411 expenses = $172 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,942
Downpayment
20%
$58,040
Closing costs
1%
$2,902
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,239
Total Expenses
$2,411
Mortgage P&I
67%
$1,491
Property Taxes
10%
$234
Home Insurance
5%
$104
HOA
0%
$0
Property Management
10%
$224
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0