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This property looks like a bad Long-Term investment with a projected -8.5% first-year return on $71,400 initial cash invested.
-8.5%
Cash On Cash
5%
Cap Rate
0.78
DSCR
$2,288
Rent
-$506
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,288 income − $2,794 expenses = $506 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,288
Total Expenses
$2,794
Mortgage P&I
79%
$1,809
Property Taxes
12%
$272
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0