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This property looks like a bad Long-Term investment with a projected -14.21% first-year return on $60,900 initial cash invested.
-14.21%
Cash On Cash
3.85%
Cap Rate
0.6
DSCR
$2,157
Rent
-$721
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,157 income − $2,878 expenses = $721 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,157
Total Expenses
$2,878
Mortgage P&I
72%
$1,544
Property Taxes
29%
$619
Home Insurance
5%
$102
HOA
2%
$52
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0