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This property looks like a bad Long-Term investment with a projected -6.94% first-year return on $71,400 initial cash invested.
-6.94%
Cash On Cash
5.04%
Cap Rate
0.84
DSCR
$2,629
Rent
-$413
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,629 income − $3,042 expenses = $413 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,400
Downpayment
20%
$68,000
Closing costs
1%
$3,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,629
Total Expenses
$3,042
Mortgage P&I
65%
$1,710
Property Taxes
20%
$530
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$263
CapEx
5%
$131
Vacancy
6%
$158
Maintenance
5%
$131
Other
0%
$0