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This property looks like a bad Long-Term investment with a projected -8.34% first-year return on $71,400 initial cash invested.
-8.34%
Cash On Cash
5.37%
Cap Rate
0.81
DSCR
$2,582
Rent
-$496
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,582 income − $3,078 expenses = $496 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,582
Total Expenses
$3,078
Mortgage P&I
73%
$1,888
Property Taxes
15%
$400
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$258
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0