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This property looks like a bad Long-Term investment with a projected -7.6% first-year return on $47,040 initial cash invested.
-7.6%
Cash On Cash
5.14%
Cap Rate
0.81
DSCR
$1,569
Rent
-$298
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$224k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,040
Downpayment
20%
$44,800
Closing costs
1%
$2,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,569
Total Expenses
$1,867
Mortgage P&I
75%
$1,179
Property Taxes
13%
$201
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0