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This property looks like a bad Mid-Term investment with a projected -3.06% first-year return on $70,143 initial cash invested.
-3.06%
Cash On Cash
6.05%
Cap Rate
0.94
DSCR
$2,325
Rent
-$179
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,325 income − $2,504 expenses = $179 out of pocket
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,143
Downpayment
20%
$49,660
Closing costs
1%
$2,483
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,325
Total Expenses
$2,504
Mortgage P&I
58%
$1,338
Property Taxes
12%
$278
Home Insurance
4%
$87
HOA
0%
$10
Property Management
12%
$279
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$256