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This property looks like a bad Long-Term investment with a projected -6.96% first-year return on $51,219 initial cash invested.
-6.96%
Cash On Cash
5.31%
Cap Rate
0.84
DSCR
$1,895
Rent
-$297
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,895 income − $2,192 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,219
Downpayment
20%
$48,780
Closing costs
1%
$2,439
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,895
Total Expenses
$2,192
Mortgage P&I
68%
$1,281
Property Taxes
7%
$130
Home Insurance
5%
$87
HOA
11%
$200
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0