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This property looks like a bad Mid-Term investment with a projected -3.19% first-year return on $68,883 initial cash invested.
-3.19%
Cash On Cash
6.16%
Cap Rate
0.94
DSCR
$2,624
Rent
-$183
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,624 income − $2,807 expenses = $183 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,883
Downpayment
20%
$48,460
Closing costs
1%
$2,423
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,624
Total Expenses
$2,807
Mortgage P&I
50%
$1,322
Property Taxes
18%
$480
Home Insurance
3%
$85
HOA
1%
$27
Property Management
12%
$315
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289