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This property looks like a bad Mid-Term investment with a projected -1.31% first-year return on $65,061 initial cash invested.
-1.31%
Cash On Cash
6.52%
Cap Rate
1.01
DSCR
$2,024
Rent
-$71
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,024 income − $2,095 expenses = $71 out of pocket
Investment Breakdown
|
Purchase Price
$224k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,061
Downpayment
20%
$44,820
Closing costs
1%
$2,241
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,024
Total Expenses
$2,095
Mortgage P&I
60%
$1,208
Property Taxes
6%
$118
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$243
CapEx
4%
$81
Vacancy
3%
$61
Maintenance
4%
$81
Other
11%
$223