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This property looks like a bad Mid-Term investment with a projected -0.8% first-year return on $65,985 initial cash invested.
-0.8%
Cash On Cash
6.68%
Cap Rate
1.05
DSCR
$2,630
Rent
-$44
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,630 income − $2,674 expenses = $44 out of pocket
Investment Breakdown
|
Purchase Price
$229k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$65,985
Downpayment
20%
$45,700
Closing costs
1%
$2,285
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,630
Total Expenses
$2,674
Mortgage P&I
46%
$1,211
Property Taxes
19%
$487
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289