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This property looks like a bad Long-Term investment with a projected -5.73% first-year return on $73,500 initial cash invested.
-5.73%
Cash On Cash
5.66%
Cap Rate
0.89
DSCR
$2,964
Rent
-$351
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,964 income − $3,315 expenses = $351 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,964
Total Expenses
$3,315
Mortgage P&I
63%
$1,855
Property Taxes
18%
$548
Home Insurance
4%
$122
HOA
1%
$20
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0