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This property looks like a bad Mid-Term investment with a projected -2.43% first-year return on $69,240 initial cash invested.
-2.43%
Cash On Cash
6.3%
Cap Rate
0.96
DSCR
$2,206
Rent
-$140
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,206 income − $2,346 expenses = $140 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,240
Downpayment
20%
$48,800
Closing costs
1%
$2,440
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,206
Total Expenses
$2,346
Mortgage P&I
60%
$1,332
Property Taxes
8%
$179
Home Insurance
4%
$85
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243