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This property looks like a bad Mid-Term investment with a projected -5.81% first-year return on $68,400 initial cash invested.
-5.81%
Cash On Cash
5.5%
Cap Rate
0.82
DSCR
$2,094
Rent
-$331
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,094 income − $2,425 expenses = $331 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,094
Total Expenses
$2,425
Mortgage P&I
64%
$1,347
Property Taxes
13%
$282
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$251
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$230