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This property looks like a bad Long-Term investment with a projected -6.58% first-year return on $73,710 initial cash invested.
-6.58%
Cash On Cash
5.38%
Cap Rate
0.85
DSCR
$2,513
Rent
-$404
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,513 income − $2,917 expenses = $404 out of pocket
Investment Breakdown
|
Purchase Price
$351k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,710
Downpayment
20%
$70,200
Closing costs
1%
$3,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,513
Total Expenses
$2,917
Mortgage P&I
74%
$1,853
Property Taxes
10%
$246
Home Insurance
5%
$126
HOA
2%
$38
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0