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This property looks like a bad Long-Term investment with a projected -2.62% first-year return on $51,219 initial cash invested.
-2.62%
Cash On Cash
6.33%
Cap Rate
0.98
DSCR
$1,834
Rent
-$112
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,834 income − $1,946 expenses = $112 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,219
Downpayment
20%
$48,780
Closing costs
1%
$2,439
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,834
Total Expenses
$1,946
Mortgage P&I
71%
$1,306
Property Taxes
4%
$78
Home Insurance
5%
$85
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0