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This property looks like a bad Mid-Term investment with a projected -3.44% first-year return on $69,723 initial cash invested.
-3.44%
Cash On Cash
5.98%
Cap Rate
0.92
DSCR
$2,198
Rent
-$200
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,198 income − $2,398 expenses = $200 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,723
Downpayment
20%
$49,260
Closing costs
1%
$2,463
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,198
Total Expenses
$2,398
Mortgage P&I
61%
$1,339
Property Taxes
10%
$223
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$264
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$242