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This property looks like a bad Mid-Term investment with a projected -0.28% first-year return on $68,379 initial cash invested.
-0.28%
Cash On Cash
6.7%
Cap Rate
1.08
DSCR
$2,972
Rent
-$16
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,972 income − $2,988 expenses = $16 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,972
Total Expenses
$2,988
Mortgage P&I
42%
$1,237
Property Taxes
20%
$589
Home Insurance
3%
$84
HOA
2%
$67
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327