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This property looks like a bad Long-Term investment with a projected -16.28% first-year return on $73,479 initial cash invested.
-16.28%
Cash On Cash
3%
Cap Rate
0.5
DSCR
$2,312
Rent
-$997
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,312 income − $3,309 expenses = $997 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,312
Total Expenses
$3,309
Mortgage P&I
76%
$1,756
Property Taxes
33%
$760
Home Insurance
5%
$122
HOA
3%
$69
Property Management
10%
$231
CapEx
5%
$116
Vacancy
6%
$139
Maintenance
5%
$116
Other
0%
$0