Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.93% first-year return on $71,484 initial cash invested.
-6.93%
Cash On Cash
5.21%
Cap Rate
0.83
DSCR
$2,231
Rent
-$413
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,231 income − $2,644 expenses = $413 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,484
Downpayment
20%
$68,080
Closing costs
1%
$3,404
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,231
Total Expenses
$2,644
Mortgage P&I
80%
$1,778
Property Taxes
7%
$164
Home Insurance
5%
$121
HOA
0%
$0
Property Management
10%
$223
CapEx
5%
$112
Vacancy
6%
$134
Maintenance
5%
$112
Other
0%
$0