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This property looks like a bad Long-Term investment with a projected -6.68% first-year return on $71,484 initial cash invested.
-6.68%
Cash On Cash
5.15%
Cap Rate
0.84
DSCR
$2,433
Rent
-$398
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,433 income − $2,831 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,484
Downpayment
20%
$68,080
Closing costs
1%
$3,404
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,433
Total Expenses
$2,831
Mortgage P&I
71%
$1,736
Property Taxes
13%
$327
Home Insurance
5%
$122
HOA
1%
$13
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0