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This property looks like a bad Mid-Term investment with a projected -6.61% first-year return on $65,040 initial cash invested.
-6.61%
Cash On Cash
5.05%
Cap Rate
0.77
DSCR
$1,947
Rent
-$358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,947 income − $2,305 expenses = $358 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,040
Downpayment
20%
$44,800
Closing costs
1%
$2,240
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,947
Total Expenses
$2,305
Mortgage P&I
63%
$1,222
Property Taxes
18%
$343
Home Insurance
4%
$78
HOA
0%
$0
Property Management
12%
$234
CapEx
4%
$78
Vacancy
3%
$58
Maintenance
4%
$78
Other
11%
$214