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This property looks like a bad Long-Term investment with a projected -3.01% first-year return on $71,400 initial cash invested.
-3.01%
Cash On Cash
6.12%
Cap Rate
0.98
DSCR
$2,851
Rent
-$179
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,851 income − $3,030 expenses = $179 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,851
Total Expenses
$3,030
Mortgage P&I
62%
$1,770
Property Taxes
14%
$399
Home Insurance
4%
$119
HOA
0%
$0
Property Management
10%
$285
CapEx
5%
$143
Vacancy
6%
$171
Maintenance
5%
$143
Other
0%
$0