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This property looks like a bad Mid-Term investment with a projected -2.49% first-year return on $64,935 initial cash invested.
-2.49%
Cash On Cash
6.07%
Cap Rate
0.96
DSCR
$2,110
Rent
-$135
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,110 income − $2,245 expenses = $135 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,935
Downpayment
20%
$44,700
Closing costs
1%
$2,235
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,110
Total Expenses
$2,245
Mortgage P&I
56%
$1,182
Property Taxes
13%
$269
Home Insurance
4%
$78
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232