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This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $69,954 initial cash invested.
-0.38%
Cash On Cash
6.94%
Cap Rate
1.05
DSCR
$2,284
Rent
-$22
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,284 income − $2,306 expenses = $22 out of pocket
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,954
Downpayment
20%
$49,480
Closing costs
1%
$2,474
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$2,306
Mortgage P&I
60%
$1,361
Property Taxes
4%
$81
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251