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This property looks like a bad Long-Term investment with a projected -3.37% first-year return on $51,660 initial cash invested.
-3.37%
Cash On Cash
5.97%
Cap Rate
0.97
DSCR
$2,208
Rent
-$145
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,208 income − $2,353 expenses = $145 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,660
Downpayment
20%
$49,200
Closing costs
1%
$2,460
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,208
Total Expenses
$2,353
Mortgage P&I
57%
$1,259
Property Taxes
20%
$435
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0