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This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $74,550 initial cash invested.
-12.39%
Cash On Cash
3.81%
Cap Rate
0.63
DSCR
$2,219
Rent
-$770
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,219 income − $2,989 expenses = $770 out of pocket
Investment Breakdown
|
Purchase Price
$355k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,219
Total Expenses
$2,989
Mortgage P&I
80%
$1,786
Property Taxes
23%
$502
Home Insurance
6%
$124
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0