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This property looks like a bad Long-Term investment with a projected -9.8% first-year return on $74,550 initial cash invested.
-9.8%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$2,431
Rent
-$609
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,431 income − $3,040 expenses = $609 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,431
Total Expenses
$3,040
Mortgage P&I
80%
$1,949
Property Taxes
14%
$334
Home Insurance
5%
$124
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0