Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -0.75% first-year return on $60,879 initial cash invested.
-0.75%
Cash On Cash
6.54%
Cap Rate
1.06
DSCR
$2,618
Rent
-$38
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,618 income − $2,656 expenses = $38 out of pocket
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,618
Total Expenses
$2,656
Mortgage P&I
57%
$1,486
Property Taxes
15%
$387
Home Insurance
4%
$102
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0