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This property looks like a bad Long-Term investment with a projected -4.02% first-year return on $60,627 initial cash invested.
-4.02%
Cash On Cash
5.94%
Cap Rate
0.94
DSCR
$2,341
Rent
-$203
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,341 income − $2,544 expenses = $203 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,627
Downpayment
20%
$57,740
Closing costs
1%
$2,887
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,341
Total Expenses
$2,544
Mortgage P&I
65%
$1,516
Property Taxes
16%
$363
Home Insurance
2%
$57
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0