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This property looks like a bad Mid-Term investment with a projected -2.45% first-year return on $66,090 initial cash invested.
-2.45%
Cash On Cash
6.21%
Cap Rate
0.96
DSCR
$2,241
Rent
-$135
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,241 income − $2,376 expenses = $135 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$66,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,241
Total Expenses
$2,376
Mortgage P&I
55%
$1,230
Property Taxes
14%
$303
Home Insurance
4%
$80
HOA
0%
$0
Property Management
12%
$269
CapEx
4%
$90
Vacancy
3%
$67
Maintenance
4%
$90
Other
11%
$247