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This property looks like a bad Long-Term investment with a projected -3.51% first-year return on $60,837 initial cash invested.
-3.51%
Cash On Cash
5.97%
Cap Rate
0.97
DSCR
$2,511
Rent
-$178
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,511 income − $2,689 expenses = $178 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,837
Downpayment
20%
$57,940
Closing costs
1%
$2,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,511
Total Expenses
$2,689
Mortgage P&I
60%
$1,494
Property Taxes
18%
$447
Home Insurance
4%
$94
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0