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This property looks like a bad Long-Term investment with a projected -1.61% first-year return on $71,400 initial cash invested.
-1.61%
Cash On Cash
6.3%
Cap Rate
1.03
DSCR
$2,845
Rent
-$96
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,845 income − $2,941 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,845
Total Expenses
$2,941
Mortgage P&I
61%
$1,739
Property Taxes
12%
$334
Home Insurance
4%
$119
HOA
0%
$10
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0