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This property looks like a bad Long-Term investment with a projected -8.04% first-year return on $60,606 initial cash invested.
-8.04%
Cash On Cash
4.7%
Cap Rate
0.79
DSCR
$2,027
Rent
-$406
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,027 income − $2,433 expenses = $406 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,606
Downpayment
20%
$57,720
Closing costs
1%
$2,886
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,027
Total Expenses
$2,433
Mortgage P&I
71%
$1,435
Property Taxes
18%
$366
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$101
Vacancy
6%
$122
Maintenance
5%
$101
Other
0%
$0