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This property looks like a bad Long-Term investment with a projected -3.14% first-year return on $50,421 initial cash invested.
-3.14%
Cash On Cash
6.24%
Cap Rate
0.98
DSCR
$2,004
Rent
-$132
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,421
Downpayment
20%
$48,020
Closing costs
1%
$2,401
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,004
Total Expenses
$2,136
Mortgage P&I
64%
$1,281
Property Taxes
12%
$249
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0