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This property looks like a bad Long-Term investment with a projected -6.47% first-year return on $68,040 initial cash invested.
-6.47%
Cash On Cash
5.16%
Cap Rate
0.86
DSCR
$2,613
Rent
-$367
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,613 income − $2,980 expenses = $367 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,040
Downpayment
20%
$64,800
Closing costs
1%
$3,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,613
Total Expenses
$2,980
Mortgage P&I
62%
$1,628
Property Taxes
21%
$558
Home Insurance
4%
$114
HOA
0%
$0
Property Management
10%
$261
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0