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This property looks like a bad Mid-Term investment with a projected -2.18% first-year return on $69,240 initial cash invested.
-2.18%
Cash On Cash
6.07%
Cap Rate
0.97
DSCR
$2,114
Rent
-$126
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,114 income − $2,240 expenses = $126 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,240
Downpayment
20%
$48,800
Closing costs
1%
$2,440
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,114
Total Expenses
$2,240
Mortgage P&I
60%
$1,276
Property Taxes
7%
$156
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$254
CapEx
4%
$85
Vacancy
3%
$63
Maintenance
4%
$85
Other
11%
$233