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This property looks like a bad Mid-Term investment with a projected -2.4% first-year return on $68,988 initial cash invested.
-2.4%
Cash On Cash
6.22%
Cap Rate
0.97
DSCR
$2,634
Rent
-$138
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,634 income − $2,772 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,988
Downpayment
20%
$48,560
Closing costs
1%
$2,428
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,634
Total Expenses
$2,772
Mortgage P&I
49%
$1,292
Property Taxes
19%
$498
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290