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This property looks like a bad Mid-Term investment with a projected -1.96% first-year return on $69,240 initial cash invested.
-1.96%
Cash On Cash
6.4%
Cap Rate
0.99
DSCR
$2,511
Rent
-$113
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,511 income − $2,624 expenses = $113 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,240
Downpayment
20%
$48,800
Closing costs
1%
$2,440
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,511
Total Expenses
$2,624
Mortgage P&I
52%
$1,314
Property Taxes
13%
$333
Home Insurance
3%
$85
HOA
2%
$40
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276