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This property looks like a bad Long-Term investment with a projected -3.62% first-year return on $50,400 initial cash invested.
-3.62%
Cash On Cash
6.18%
Cap Rate
0.96
DSCR
$2,093
Rent
-$152
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,093 income − $2,245 expenses = $152 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,093
Total Expenses
$2,245
Mortgage P&I
61%
$1,283
Property Taxes
16%
$333
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0