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This property looks like a bad Long-Term investment with a projected -15.6% first-year return on $48,090 initial cash invested.
-15.6%
Cash On Cash
3.4%
Cap Rate
0.53
DSCR
$997
Rent
-$625
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$997
Total Expenses
$1,622
Mortgage P&I
123%
$1,223
Property Taxes
6%
$59
Home Insurance
8%
$80
HOA
0%
$0
Property Management
10%
$100
CapEx
5%
$50
Vacancy
6%
$60
Maintenance
5%
$50
Other
0%
$0