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This property looks like a bad Mid-Term investment with a projected -1.24% first-year return on $69,429 initial cash invested.
-1.24%
Cash On Cash
6.8%
Cap Rate
1.01
DSCR
$2,246
Rent
-$72
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,246 income − $2,318 expenses = $72 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,429
Downpayment
20%
$48,980
Closing costs
1%
$2,449
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,246
Total Expenses
$2,318
Mortgage P&I
61%
$1,370
Property Taxes
4%
$98
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247