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This property looks like a bad Long-Term investment with a projected -2.67% first-year return on $50,820 initial cash invested.
-2.67%
Cash On Cash
6.42%
Cap Rate
0.99
DSCR
$2,091
Rent
-$113
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,091 income − $2,204 expenses = $113 out of pocket
Investment Breakdown
|
Purchase Price
$242k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,820
Downpayment
20%
$48,400
Closing costs
1%
$2,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,091
Total Expenses
$2,204
Mortgage P&I
62%
$1,303
Property Taxes
13%
$270
Home Insurance
4%
$87
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$105
Vacancy
6%
$125
Maintenance
5%
$105
Other
0%
$0