Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -0.93% first-year return on $50,400 initial cash invested.
-0.93%
Cash On Cash
6.78%
Cap Rate
1.05
DSCR
$2,141
Rent
-$39
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,141 income − $2,180 expenses = $39 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
$2,141
Total Expenses
$2,180
Mortgage P&I
60%
$1,289
Property Taxes
12%
$251
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$214
CapEx
5%
$107
Vacancy
6%
$128
Maintenance
5%
$107
Other
0%
$0