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This property looks like a bad Mid-Term investment with a projected -3.91% first-year return on $68,715 initial cash invested.
-3.91%
Cash On Cash
5.69%
Cap Rate
0.88
DSCR
$1,848
Rent
-$224
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,848 income − $2,072 expenses = $224 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,715
Downpayment
20%
$48,300
Closing costs
1%
$2,415
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,848
Total Expenses
$2,072
Mortgage P&I
70%
$1,295
Property Taxes
3%
$62
Home Insurance
5%
$87
HOA
0%
$0
Property Management
12%
$222
CapEx
4%
$74
Vacancy
3%
$55
Maintenance
4%
$74
Other
11%
$203