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This property looks like a bad Long-Term investment with a projected -3.4% first-year return on $51,240 initial cash invested.
-3.4%
Cash On Cash
6.06%
Cap Rate
0.96
DSCR
$1,812
Rent
-$145
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,812 income − $1,957 expenses = $145 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,240
Downpayment
20%
$48,800
Closing costs
1%
$2,440
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,812
Total Expenses
$1,957
Mortgage P&I
71%
$1,287
Property Taxes
6%
$110
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0