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This property looks like a bad Long-Term investment with a projected -5.46% first-year return on $50,337 initial cash invested.
-5.46%
Cash On Cash
5.58%
Cap Rate
0.89
DSCR
$1,950
Rent
-$229
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,950 income − $2,179 expenses = $229 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,337
Downpayment
20%
$47,940
Closing costs
1%
$2,397
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,950
Total Expenses
$2,179
Mortgage P&I
64%
$1,245
Property Taxes
17%
$340
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$195
CapEx
5%
$98
Vacancy
6%
$117
Maintenance
5%
$98
Other
0%
$0