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This property looks like a bad Mid-Term investment with a projected -2.96% first-year return on $68,421 initial cash invested.
-2.96%
Cash On Cash
6.18%
Cap Rate
0.94
DSCR
$2,265
Rent
-$169
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,265 income − $2,434 expenses = $169 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,421
Downpayment
20%
$48,020
Closing costs
1%
$2,401
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,265
Total Expenses
$2,434
Mortgage P&I
58%
$1,314
Property Taxes
12%
$261
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$272
CapEx
4%
$91
Vacancy
3%
$68
Maintenance
4%
$91
Other
11%
$249