Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $103k initial cash invested.
-13.89%
Cash On Cash
3.34%
Cap Rate
0.56
DSCR
$2,271
Rent
-$1,189
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,271 income − $3,460 expenses = $1,189 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,860
Closing costs
1%
$4,893
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,271
Total Expenses
$3,460
Mortgage P&I
107%
$2,437
Property Taxes
9%
$214
Home Insurance
8%
$175
HOA
2%
$43
Property Management
10%
$227
CapEx
5%
$114
Vacancy
6%
$136
Maintenance
5%
$114
Other
0%
$0