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This property looks like a bad Mid-Term investment with a projected -6.8% first-year return on $69,324 initial cash invested.
-6.8%
Cash On Cash
4.61%
Cap Rate
0.76
DSCR
$2,242
Rent
-$393
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,242 income − $2,635 expenses = $393 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,324
Downpayment
20%
$48,880
Closing costs
1%
$2,444
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,242
Total Expenses
$2,635
Mortgage P&I
55%
$1,241
Property Taxes
20%
$443
Home Insurance
4%
$90
HOA
4%
$98
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247