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This property looks like a bad Long-Term investment with a projected -16.52% first-year return on $74,802 initial cash invested.
-16.52%
Cash On Cash
2.89%
Cap Rate
0.48
DSCR
$2,000
Rent
-$1,030
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,000 income − $3,030 expenses = $1,030 out of pocket
Investment Breakdown
|
Purchase Price
$356k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,802
Downpayment
20%
$71,240
Closing costs
1%
$3,562
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,000
Total Expenses
$3,030
Mortgage P&I
89%
$1,789
Property Taxes
27%
$530
Home Insurance
6%
$128
HOA
3%
$63
Property Management
10%
$200
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0