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This property looks like a bad Long-Term investment with a projected -7.62% first-year return on $50,400 initial cash invested.
-7.62%
Cash On Cash
5.4%
Cap Rate
0.83
DSCR
$2,115
Rent
-$320
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,115 income − $2,435 expenses = $320 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,400
Downpayment
20%
$48,000
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,115
Total Expenses
$2,435
Mortgage P&I
61%
$1,294
Property Taxes
24%
$506
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0