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This property looks like a bad Long-Term investment with a projected -3.08% first-year return on $47,859 initial cash invested.
-3.08%
Cash On Cash
5.97%
Cap Rate
0.98
DSCR
$2,008
Rent
-$123
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,008 income − $2,131 expenses = $123 out of pocket
Investment Breakdown
|
Purchase Price
$228k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,859
Downpayment
20%
$45,580
Closing costs
1%
$2,279
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,008
Total Expenses
$2,131
Mortgage P&I
58%
$1,157
Property Taxes
18%
$369
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0