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This property looks like a bad Mid-Term investment with a projected -1.6% first-year return on $66,090 initial cash invested.
-1.6%
Cash On Cash
6.39%
Cap Rate
0.99
DSCR
$1,992
Rent
-$88
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,992 income − $2,080 expenses = $88 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,992
Total Expenses
$2,080
Mortgage P&I
62%
$1,228
Property Taxes
5%
$94
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$239
CapEx
4%
$80
Vacancy
3%
$60
Maintenance
4%
$80
Other
11%
$219