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This property looks like a bad Long-Term investment with a projected -3.98% first-year return on $68,061 initial cash invested.
-3.98%
Cash On Cash
5.53%
Cap Rate
0.94
DSCR
$2,473
Rent
-$226
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,473 income − $2,699 expenses = $226 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,061
Downpayment
20%
$64,820
Closing costs
1%
$3,241
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,473
Total Expenses
$2,699
Mortgage P&I
65%
$1,596
Property Taxes
14%
$350
Home Insurance
4%
$110
HOA
0%
$0
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0