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This property looks like a bad Long-Term investment with a projected -3.88% first-year return on $67,977 initial cash invested.
-3.88%
Cash On Cash
5.5%
Cap Rate
0.94
DSCR
$2,373
Rent
-$220
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,373 income − $2,593 expenses = $220 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,977
Downpayment
20%
$64,740
Closing costs
1%
$3,237
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,373
Total Expenses
$2,593
Mortgage P&I
67%
$1,584
Property Taxes
10%
$230
Home Insurance
5%
$114
HOA
2%
$48
Property Management
10%
$237
CapEx
5%
$119
Vacancy
6%
$142
Maintenance
5%
$119
Other
0%
$0