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This property looks like a bad Mid-Term investment with a projected -3.68% first-year return on $63,297 initial cash invested.
-3.68%
Cash On Cash
5.9%
Cap Rate
0.92
DSCR
$2,451
Rent
-$194
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,451 income − $2,645 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$63,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,451
Total Expenses
$2,645
Mortgage P&I
47%
$1,157
Property Taxes
24%
$577
Home Insurance
3%
$77
HOA
0%
$0
Property Management
12%
$294
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$270