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This property looks like a bad Long-Term investment with a projected -2.98% first-year return on $51,135 initial cash invested.
-2.98%
Cash On Cash
6.32%
Cap Rate
0.98
DSCR
$2,112
Rent
-$127
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,112 income − $2,239 expenses = $127 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,135
Downpayment
20%
$48,700
Closing costs
1%
$2,435
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,112
Total Expenses
$2,239
Mortgage P&I
62%
$1,304
Property Taxes
14%
$300
Home Insurance
4%
$85
HOA
0%
$0
Property Management
10%
$211
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0