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This property looks like a bad Long-Term investment with a projected -4.21% first-year return on $71,820 initial cash invested.
-4.21%
Cash On Cash
5.82%
Cap Rate
0.94
DSCR
$2,990
Rent
-$252
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,990 income − $3,242 expenses = $252 out of pocket
Investment Breakdown
|
Purchase Price
$342k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,820
Downpayment
20%
$68,400
Closing costs
1%
$3,420
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,990
Total Expenses
$3,242
Mortgage P&I
59%
$1,762
Property Taxes
21%
$616
Home Insurance
3%
$86
HOA
0%
$0
Property Management
10%
$299
CapEx
5%
$150
Vacancy
6%
$179
Maintenance
5%
$150
Other
0%
$0