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This property looks like a bad Long-Term investment with a projected -6.39% first-year return on $69,531 initial cash invested.
-6.39%
Cash On Cash
5.3%
Cap Rate
0.85
DSCR
$2,430
Rent
-$370
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,430 income − $2,800 expenses = $370 out of pocket
Investment Breakdown
|
Purchase Price
$331k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,531
Downpayment
20%
$66,220
Closing costs
1%
$3,311
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,430
Total Expenses
$2,800
Mortgage P&I
70%
$1,710
Property Taxes
13%
$317
Home Insurance
6%
$140
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0