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This property looks like a bad Mid-Term investment with a projected -2.42% first-year return on $68,400 initial cash invested.
-2.42%
Cash On Cash
6.1%
Cap Rate
0.96
DSCR
$2,253
Rent
-$138
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,253 income − $2,391 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,253
Total Expenses
$2,391
Mortgage P&I
56%
$1,269
Property Taxes
12%
$272
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$270
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248