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This property looks like a bad Long-Term investment with a projected -1% first-year return on $48,090 initial cash invested.
-1%
Cash On Cash
6.96%
Cap Rate
1.05
DSCR
$2,022
Rent
-$40
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,022 income − $2,062 expenses = $40 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,090
Downpayment
20%
$45,800
Closing costs
1%
$2,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,022
Total Expenses
$2,062
Mortgage P&I
63%
$1,267
Property Taxes
9%
$190
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0