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This property looks like a bad Long-Term investment with a projected -1.32% first-year return on $50,841 initial cash invested.
-1.32%
Cash On Cash
6.74%
Cap Rate
1.04
DSCR
$2,190
Rent
-$56
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,190 income − $2,246 expenses = $56 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,841
Downpayment
20%
$48,420
Closing costs
1%
$2,421
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,190
Total Expenses
$2,246
Mortgage P&I
60%
$1,305
Property Taxes
13%
$274
Home Insurance
4%
$84
HOA
1%
$13
Property Management
10%
$219
CapEx
5%
$110
Vacancy
6%
$131
Maintenance
5%
$110
Other
0%
$0