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This property looks like a bad Long-Term investment with a projected -2.88% first-year return on $50,400 initial cash invested.
-2.88%
Cash On Cash
6.48%
Cap Rate
0.99
DSCR
$2,046
Rent
-$121
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,046 income − $2,167 expenses = $121 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,046
Total Expenses
$2,167
Mortgage P&I
64%
$1,316
Property Taxes
11%
$233
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0