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This property looks like a bad Long-Term investment with a projected -4.49% first-year return on $48,111 initial cash invested.
-4.49%
Cash On Cash
5.51%
Cap Rate
0.93
DSCR
$2,063
Rent
-$180
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,063 income − $2,243 expenses = $180 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,111
Downpayment
20%
$45,820
Closing costs
1%
$2,291
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,063
Total Expenses
$2,243
Mortgage P&I
55%
$1,128
Property Taxes
25%
$518
Home Insurance
3%
$61
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0