Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $231k initial cash invested.
-14.81%
Cash On Cash
3.16%
Cap Rate
0.53
DSCR
$4,695
Rent
-$2,845
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,695 income − $7,540 expenses = $2,845 out of pocket
Investment Breakdown
|
Purchase Price
$1098k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$10,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,695
Total Expenses
$7,540
Mortgage P&I
117%
$5,497
Property Taxes
9%
$437
Home Insurance
8%
$384
HOA
0%
$0
Property Management
10%
$470
CapEx
5%
$235
Vacancy
6%
$282
Maintenance
5%
$235
Other
0%
$0