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This property looks like a bad Long-Term investment with a projected -3.23% first-year return on $73,500 initial cash invested.
-3.23%
Cash On Cash
5.8%
Cap Rate
0.97
DSCR
$3,023
Rent
-$198
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,023 income − $3,221 expenses = $198 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.3%
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
$3,023
Total Expenses
$3,221
Mortgage P&I
57%
$1,738
Property Taxes
19%
$576
Home Insurance
4%
$122
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0