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This property looks like a bad Long-Term investment with a projected -1.53% first-year return on $73,500 initial cash invested.
-1.53%
Cash On Cash
6.69%
Cap Rate
1.03
DSCR
$2,990
Rent
-$94
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,084 expenses = $94 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,500
Downpayment
20%
$70,000
Closing costs
1%
$3,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,990
Total Expenses
$3,084
Mortgage P&I
63%
$1,894
Property Taxes
10%
$290
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$150
Vacancy
6%
$179
Maintenance
5%
$150
Other
0%
$0