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This property looks like a bad Long-Term investment with a projected -23.93% first-year return on $50,400 initial cash invested.
-23.93%
Cash On Cash
1.58%
Cap Rate
0.25
DSCR
$977
Rent
-$1,005
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$977 income − $1,982 expenses = $1,005 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
$977
Total Expenses
$1,982
Mortgage P&I
130%
$1,272
Property Taxes
38%
$371
Home Insurance
9%
$84
HOA
0%
$0
Property Management
10%
$98
CapEx
5%
$49
Vacancy
6%
$59
Maintenance
5%
$49
Other
0%
$0