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This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $71,463 initial cash invested.
-5.31%
Cash On Cash
5.32%
Cap Rate
0.89
DSCR
$2,425
Rent
-$316
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,425 income − $2,741 expenses = $316 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,463
Downpayment
20%
$68,060
Closing costs
1%
$3,403
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,425
Total Expenses
$2,741
Mortgage P&I
70%
$1,705
Property Taxes
11%
$264
Home Insurance
5%
$122
HOA
1%
$20
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0