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This property looks like a bad Mid-Term investment with a projected -5.25% first-year return on $66,090 initial cash invested.
-5.25%
Cash On Cash
5.31%
Cap Rate
0.85
DSCR
$2,652
Rent
-$289
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,652 income − $2,941 expenses = $289 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,652
Total Expenses
$2,941
Mortgage P&I
45%
$1,196
Property Taxes
29%
$763
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$80
Maintenance
4%
$106
Other
11%
$292