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This property looks like a bad Long-Term investment with a projected -4.13% first-year return on $47,040 initial cash invested.
-4.13%
Cash On Cash
6.21%
Cap Rate
0.94
DSCR
$1,659
Rent
-$162
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,659 income − $1,821 expenses = $162 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,040
Downpayment
20%
$44,800
Closing costs
1%
$2,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,659
Total Expenses
$1,821
Mortgage P&I
75%
$1,238
Property Taxes
4%
$73
Home Insurance
5%
$78
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0