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This property looks like a bad Long-Term investment with a projected -12.59% first-year return on $68,040 initial cash invested.
-12.59%
Cash On Cash
3.67%
Cap Rate
0.62
DSCR
$2,011
Rent
-$714
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,011 income − $2,725 expenses = $714 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,040
Downpayment
20%
$64,800
Closing costs
1%
$3,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,011
Total Expenses
$2,725
Mortgage P&I
80%
$1,605
Property Taxes
24%
$480
Home Insurance
6%
$116
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0