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This property looks like a bad Long-Term investment with a projected -3.58% first-year return on $48,300 initial cash invested.
-3.58%
Cash On Cash
6.17%
Cap Rate
0.97
DSCR
$2,203
Rent
-$144
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,203 income − $2,347 expenses = $144 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,203
Total Expenses
$2,347
Mortgage P&I
55%
$1,217
Property Taxes
22%
$478
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0