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This property looks like a bad Long-Term investment with a projected -10.72% first-year return on $47,124 initial cash invested.
-10.72%
Cash On Cash
4.11%
Cap Rate
0.69
DSCR
$1,600
Rent
-$421
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,600 income − $2,021 expenses = $421 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$47,124
Downpayment
20%
$44,880
Closing costs
1%
$2,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,600
Total Expenses
$2,021
Mortgage P&I
69%
$1,110
Property Taxes
25%
$402
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0