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This property looks like a bad Long-Term investment with a projected -3.93% first-year return on $51,639 initial cash invested.
-3.93%
Cash On Cash
6.35%
Cap Rate
0.96
DSCR
$2,153
Rent
-$169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,153 income − $2,322 expenses = $169 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,639
Downpayment
20%
$49,180
Closing costs
1%
$2,459
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,153
Total Expenses
$2,322
Mortgage P&I
63%
$1,362
Property Taxes
15%
$314
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$215
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0