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This property looks like a bad Long-Term investment with a projected -2.61% first-year return on $73,542 initial cash invested.
-2.61%
Cash On Cash
5.96%
Cap Rate
0.99
DSCR
$2,717
Rent
-$160
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,717 income − $2,877 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,542
Downpayment
20%
$70,040
Closing costs
1%
$3,502
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,717
Total Expenses
$2,877
Mortgage P&I
65%
$1,762
Property Taxes
11%
$286
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$272
CapEx
5%
$136
Vacancy
6%
$163
Maintenance
5%
$136
Other
0%
$0