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This property looks like a bad Long-Term investment with a projected -6.35% first-year return on $73,500 initial cash invested.
-6.35%
Cash On Cash
5.26%
Cap Rate
0.85
DSCR
$2,535
Rent
-$389
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,535 income − $2,924 expenses = $389 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,535
Total Expenses
$2,924
Mortgage P&I
71%
$1,797
Property Taxes
13%
$320
Home Insurance
5%
$122
HOA
1%
$25
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$152
Maintenance
5%
$127
Other
0%
$0