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This property looks like a bad Mid-Term investment with a projected -3.4% first-year return on $69,450 initial cash invested.
-3.4%
Cash On Cash
5.78%
Cap Rate
0.91
DSCR
$2,072
Rent
-$197
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,072 income − $2,269 expenses = $197 out of pocket
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,072
Total Expenses
$2,269
Mortgage P&I
62%
$1,294
Property Taxes
9%
$184
Home Insurance
4%
$86
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228