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This property looks like a bad Mid-Term investment with a projected -3.49% first-year return on $69,156 initial cash invested.
-3.49%
Cash On Cash
6.24%
Cap Rate
0.92
DSCR
$2,259
Rent
-$201
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,259 income − $2,460 expenses = $201 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,156
Downpayment
20%
$48,720
Closing costs
1%
$2,436
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,259
Total Expenses
$2,460
Mortgage P&I
61%
$1,377
Property Taxes
10%
$228
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$271
CapEx
4%
$90
Vacancy
3%
$68
Maintenance
4%
$90
Other
11%
$248