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This property looks like a bad Long-Term investment with a projected -5.38% first-year return on $51,723 initial cash invested.
-5.38%
Cash On Cash
5.71%
Cap Rate
0.9
DSCR
$2,020
Rent
-$232
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,020 income − $2,252 expenses = $232 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,723
Downpayment
20%
$49,260
Closing costs
1%
$2,463
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,020
Total Expenses
$2,252
Mortgage P&I
65%
$1,303
Property Taxes
17%
$338
Home Insurance
4%
$86
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0