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This property looks like a bad Long-Term investment with a projected -7.21% first-year return on $50,736 initial cash invested.
-7.21%
Cash On Cash
5.66%
Cap Rate
0.85
DSCR
$2,123
Rent
-$305
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,123 income − $2,428 expenses = $305 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,736
Downpayment
20%
$48,320
Closing costs
1%
$2,416
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,123
Total Expenses
$2,428
Mortgage P&I
63%
$1,338
Property Taxes
21%
$441
Home Insurance
4%
$86
HOA
1%
$12
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0