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This property looks like a bad Long-Term investment with a projected -4.78% first-year return on $51,198 initial cash invested.
-4.78%
Cash On Cash
5.83%
Cap Rate
0.92
DSCR
$2,009
Rent
-$204
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,009 income − $2,213 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,198
Downpayment
20%
$48,760
Closing costs
1%
$2,438
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$2,213
Mortgage P&I
64%
$1,289
Property Taxes
16%
$314
Home Insurance
4%
$88
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0