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This property looks like a bad Long-Term investment with a projected -3.19% first-year return on $60,900 initial cash invested.
-3.19%
Cash On Cash
5.85%
Cap Rate
0.96
DSCR
$2,088
Rent
-$162
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,088 income − $2,250 expenses = $162 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
$2,088
Total Expenses
$2,250
Mortgage P&I
70%
$1,471
Property Taxes
6%
$135
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0