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This property looks like a bad Long-Term investment with a projected -2.68% first-year return on $51,870 initial cash invested.
-2.68%
Cash On Cash
6.1%
Cap Rate
0.98
DSCR
$1,808
Rent
-$116
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,808 income − $1,924 expenses = $116 out of pocket
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,870
Downpayment
20%
$49,400
Closing costs
1%
$2,470
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,808
Total Expenses
$1,924
Mortgage P&I
71%
$1,282
Property Taxes
5%
$87
Home Insurance
5%
$86
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0