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This property looks like a bad Mid-Term investment with a projected -1.79% first-year return on $68,379 initial cash invested.
-1.79%
Cash On Cash
6.51%
Cap Rate
0.99
DSCR
$2,320
Rent
-$102
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,320 income − $2,422 expenses = $102 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,379
Downpayment
20%
$47,980
Closing costs
1%
$2,399
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,320
Total Expenses
$2,422
Mortgage P&I
57%
$1,311
Property Taxes
10%
$238
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255