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This property looks like a bad Long-Term investment with a projected -5.34% first-year return on $61,131 initial cash invested.
-5.34%
Cash On Cash
5.7%
Cap Rate
0.89
DSCR
$2,130
Rent
-$272
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,130 income − $2,402 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,131
Downpayment
20%
$58,220
Closing costs
1%
$2,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,130
Total Expenses
$2,402
Mortgage P&I
73%
$1,549
Property Taxes
7%
$155
Home Insurance
5%
$105
HOA
2%
$40
Property Management
10%
$213
CapEx
5%
$106
Vacancy
6%
$128
Maintenance
5%
$106
Other
0%
$0