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This property looks like a bad Long-Term investment with a projected -6.82% first-year return on $60,690 initial cash invested.
-6.82%
Cash On Cash
4.96%
Cap Rate
0.83
DSCR
$2,022
Rent
-$345
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,022 income − $2,367 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,022
Total Expenses
$2,367
Mortgage P&I
71%
$1,438
Property Taxes
8%
$160
Home Insurance
5%
$101
HOA
7%
$143
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0