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This property looks like a bad Long-Term investment with a projected -12.38% first-year return on $68,040 initial cash invested.
-12.38%
Cash On Cash
3.8%
Cap Rate
0.64
DSCR
$2,264
Rent
-$702
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,264 income − $2,966 expenses = $702 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,264
Total Expenses
$2,966
Mortgage P&I
71%
$1,615
Property Taxes
27%
$600
Home Insurance
5%
$113
HOA
2%
$50
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0