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This property looks like a bad Mid-Term investment with a projected -2.93% first-year return on $89,400 initial cash invested.
-2.93%
Cash On Cash
5.69%
Cap Rate
0.95
DSCR
$3,310
Rent
-$218
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,310 income − $3,528 expenses = $218 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
5%
$18,000
Cashflow
Total Income
$3,310
Total Expenses
$3,528
Mortgage P&I
51%
$1,699
Property Taxes
15%
$503
Home Insurance
4%
$119
HOA
3%
$83
Property Management
12%
$397
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$364