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This property looks like a bad Mid-Term investment with a projected -1.55% first-year return on $69,723 initial cash invested.
-1.55%
Cash On Cash
6.42%
Cap Rate
1.01
DSCR
$2,529
Rent
-$90
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,529 income − $2,619 expenses = $90 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,529
Total Expenses
$2,619
Mortgage P&I
52%
$1,306
Property Taxes
14%
$364
Home Insurance
4%
$90
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278