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This property looks like a bad Mid-Term investment with a projected -0.29% first-year return on $69,660 initial cash invested.
-0.29%
Cash On Cash
6.75%
Cap Rate
1.06
DSCR
$2,370
Rent
-$17
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,370 income − $2,387 expenses = $17 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,660
Downpayment
20%
$49,200
Closing costs
1%
$2,460
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,370
Total Expenses
$2,387
Mortgage P&I
55%
$1,305
Property Taxes
8%
$188
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$284
CapEx
4%
$95
Vacancy
3%
$71
Maintenance
4%
$95
Other
11%
$261