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This property looks like a bad Long-Term investment with a projected -5.81% first-year return on $50,820 initial cash invested.
-5.81%
Cash On Cash
5.56%
Cap Rate
0.88
DSCR
$1,753
Rent
-$246
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,753 income − $1,999 expenses = $246 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,820
Downpayment
20%
$48,400
Closing costs
1%
$2,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,753
Total Expenses
$1,999
Mortgage P&I
73%
$1,280
Property Taxes
10%
$178
Home Insurance
5%
$85
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0