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This property looks like a bad Long-Term investment with a projected -5.45% first-year return on $50,400 initial cash invested.
-5.45%
Cash On Cash
5.82%
Cap Rate
0.91
DSCR
$2,156
Rent
-$229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,156 income − $2,385 expenses = $229 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,156
Total Expenses
$2,385
Mortgage P&I
60%
$1,284
Property Taxes
21%
$456
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0