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This property looks like a bad Long-Term investment with a projected -2.37% first-year return on $71,400 initial cash invested.
-2.37%
Cash On Cash
5.85%
Cap Rate
0.99
DSCR
$2,351
Rent
-$141
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,351 income − $2,492 expenses = $141 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.3%
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
$2,351
Total Expenses
$2,492
Mortgage P&I
72%
$1,681
Property Taxes
3%
$80
Home Insurance
5%
$119
HOA
0%
$0
Property Management
10%
$235
CapEx
5%
$118
Vacancy
6%
$141
Maintenance
5%
$118
Other
0%
$0