Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.07% first-year return on $62,328 initial cash invested.
-8.07%
Cash On Cash
5.15%
Cap Rate
0.8
DSCR
$1,992
Rent
-$419
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,992 income − $2,411 expenses = $419 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,328
Downpayment
20%
$59,360
Closing costs
1%
$2,968
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,992
Total Expenses
$2,411
Mortgage P&I
80%
$1,592
Property Taxes
10%
$195
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$100
Vacancy
6%
$120
Maintenance
5%
$100
Other
0%
$0