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This property looks like a bad Long-Term investment with a projected -7.35% first-year return on $50,778 initial cash invested.
-7.35%
Cash On Cash
5.33%
Cap Rate
0.84
DSCR
$2,204
Rent
-$311
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,204 income − $2,515 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,778
Downpayment
20%
$48,360
Closing costs
1%
$2,418
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,204
Total Expenses
$2,515
Mortgage P&I
58%
$1,275
Property Taxes
24%
$534
Home Insurance
4%
$86
HOA
2%
$48
Property Management
10%
$220
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0