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This property looks like a bad Long-Term investment with a projected -2.44% first-year return on $50,694 initial cash invested.
-2.44%
Cash On Cash
6.1%
Cap Rate
1.02
DSCR
$2,435
Rent
-$103
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,435 income − $2,538 expenses = $103 out of pocket
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,694
Downpayment
20%
$48,280
Closing costs
1%
$2,414
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,435
Total Expenses
$2,538
Mortgage P&I
50%
$1,208
Property Taxes
25%
$600
Home Insurance
4%
$96
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0