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This property looks like a bad Long-Term investment with a projected -6.79% first-year return on $51,093 initial cash invested.
-6.79%
Cash On Cash
5.1%
Cap Rate
0.85
DSCR
$2,041
Rent
-$289
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,041 income − $2,330 expenses = $289 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,093
Downpayment
20%
$48,660
Closing costs
1%
$2,433
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,041
Total Expenses
$2,330
Mortgage P&I
60%
$1,222
Property Taxes
24%
$487
Home Insurance
4%
$91
HOA
0%
$0
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0