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This property looks like a bad Long-Term investment with a projected -2.02% first-year return on $51,135 initial cash invested.
-2.02%
Cash On Cash
6.19%
Cap Rate
1.02
DSCR
$2,144
Rent
-$86
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,144 income − $2,230 expenses = $86 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,135
Downpayment
20%
$48,700
Closing costs
1%
$2,435
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,144
Total Expenses
$2,230
Mortgage P&I
58%
$1,236
Property Taxes
16%
$351
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$129
Maintenance
5%
$107
Other
0%
$0