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This property looks like a bad Long-Term investment with a projected -4.64% first-year return on $51,240 initial cash invested.
-4.64%
Cash On Cash
6.02%
Cap Rate
0.93
DSCR
$2,158
Rent
-$198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,158 income − $2,356 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,240
Downpayment
20%
$48,800
Closing costs
1%
$2,440
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,158
Total Expenses
$2,356
Mortgage P&I
61%
$1,314
Property Taxes
18%
$393
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$216
CapEx
5%
$108
Vacancy
6%
$129
Maintenance
5%
$108
Other
0%
$0