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This property looks like a bad Long-Term investment with a projected -6.29% first-year return on $74,550 initial cash invested.
-6.29%
Cash On Cash
5.23%
Cap Rate
0.86
DSCR
$2,590
Rent
-$391
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,590 income − $2,981 expenses = $391 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,550
Downpayment
20%
$71,000
Closing costs
1%
$3,550
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,590
Total Expenses
$2,981
Mortgage P&I
70%
$1,807
Property Taxes
13%
$343
Home Insurance
5%
$124
HOA
1%
$33
Property Management
10%
$259
CapEx
5%
$130
Vacancy
6%
$155
Maintenance
5%
$130
Other
0%
$0