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This property looks like a bad Mid-Term investment with a projected -2.46% first-year return on $64,305 initial cash invested.
-2.46%
Cash On Cash
6.21%
Cap Rate
0.96
DSCR
$2,246
Rent
-$132
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,246 income − $2,378 expenses = $132 out of pocket
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,305
Downpayment
20%
$44,100
Closing costs
1%
$2,205
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,246
Total Expenses
$2,378
Mortgage P&I
53%
$1,183
Property Taxes
16%
$351
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247