This property looks like a bad Long-Term investment with a projected -2.48% first-year return on $48,447 initial cash invested.
-2.48%
Cash On Cash
6.36%
Cap Rate
1.02
DSCR
$2,530
Rent
-$100
Cashflow
Cash Flow
$2,530 income − $2,630 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$231k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,447
Downpayment
20%
$46,140
Closing costs
1%
$2,307
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,530
Total Expenses
$2,630
Mortgage P&I
47%
$1,197
Property Taxes
27%
$692
Home Insurance
3%
$84
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0
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Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
209 Warren St, Fayetteville, NY 13066 | $2,900 | 3 | 2 | 1488 | 0.3 mi |
288 Summerhaven Dr S, East Syracuse, NY 13057 | $2,700 | 3 | 2 | 1492 | 1.3 mi |
206 Elmbrook Dr, Manlius, NY 13104 | $2,800 | 3 | 2 | 1404 | 2.4 mi |
Projection Charts
Investment Value YoY