Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.15% first-year return on $71,400 initial cash invested.
-10.15%
Cash On Cash
4.23%
Cap Rate
0.71
DSCR
$2,410
Rent
-$604
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,410 income − $3,014 expenses = $604 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,410
Total Expenses
$3,014
Mortgage P&I
70%
$1,683
Property Taxes
24%
$586
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$241
CapEx
5%
$120
Vacancy
6%
$145
Maintenance
5%
$120
Other
0%
$0