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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $71,400 initial cash invested.
-9.43%
Cash On Cash
4.49%
Cap Rate
0.75
DSCR
$2,680
Rent
-$561
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,680 income − $3,241 expenses = $561 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,680
Total Expenses
$3,241
Mortgage P&I
63%
$1,699
Property Taxes
24%
$653
Home Insurance
4%
$119
HOA
3%
$73
Property Management
10%
$268
CapEx
5%
$134
Vacancy
6%
$161
Maintenance
5%
$134
Other
0%
$0