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This property looks like a bad Mid-Term investment with a projected -3.1% first-year return on $66,132 initial cash invested.
-3.1%
Cash On Cash
5.77%
Cap Rate
0.92
DSCR
$1,930
Rent
-$171
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,930 income − $2,101 expenses = $171 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,132
Downpayment
20%
$45,840
Closing costs
1%
$2,292
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,930
Total Expenses
$2,101
Mortgage P&I
62%
$1,197
Property Taxes
9%
$166
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$232
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$212