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This property looks like a bad Long-Term investment with a projected -4.04% first-year return on $60,585 initial cash invested.
-4.04%
Cash On Cash
5.84%
Cap Rate
0.94
DSCR
$2,155
Rent
-$204
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,155 income − $2,359 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,585
Downpayment
20%
$57,700
Closing costs
1%
$2,885
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,155
Total Expenses
$2,359
Mortgage P&I
70%
$1,500
Property Taxes
8%
$180
Home Insurance
5%
$101
HOA
1%
$17
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0