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This property looks like a bad Long-Term investment with a projected -16.18% first-year return on $67,200 initial cash invested.
-16.18%
Cash On Cash
3.06%
Cap Rate
0.5
DSCR
$2,038
Rent
-$906
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,038 income − $2,944 expenses = $906 out of pocket
Investment Breakdown
|
Purchase Price
$320k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,200
Downpayment
20%
$64,000
Closing costs
1%
$3,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,038
Total Expenses
$2,944
Mortgage P&I
80%
$1,621
Property Taxes
28%
$562
Home Insurance
6%
$112
HOA
6%
$119
Property Management
10%
$204
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0