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This property looks like a bad Long-Term investment with a projected -2.82% first-year return on $51,030 initial cash invested.
-2.82%
Cash On Cash
6.32%
Cap Rate
1
DSCR
$2,309
Rent
-$120
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,309 income − $2,429 expenses = $120 out of pocket
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,030
Downpayment
20%
$48,600
Closing costs
1%
$2,430
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,309
Total Expenses
$2,429
Mortgage P&I
56%
$1,285
Property Taxes
20%
$458
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$139
Maintenance
5%
$115
Other
0%
$0