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This property looks like a bad Long-Term investment with a projected -11.09% first-year return on $71,400 initial cash invested.
-11.09%
Cash On Cash
4.22%
Cap Rate
0.68
DSCR
$2,063
Rent
-$660
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,063 income − $2,723 expenses = $660 out of pocket
Investment Breakdown
|
Purchase Price
$340k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,063
Total Expenses
$2,723
Mortgage P&I
85%
$1,752
Property Taxes
15%
$316
Home Insurance
6%
$119
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0