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This property looks like a bad Long-Term investment with a projected -11.31% first-year return on $68,040 initial cash invested.
-11.31%
Cash On Cash
4.66%
Cap Rate
0.7
DSCR
$2,047
Rent
-$641
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,047 income − $2,688 expenses = $641 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,040
Downpayment
20%
$64,800
Closing costs
1%
$3,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,047
Total Expenses
$2,688
Mortgage P&I
88%
$1,798
Property Taxes
11%
$234
Home Insurance
6%
$116
HOA
0%
$8
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0