Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $61,950 initial cash invested.
-7.67%
Cash On Cash
5.65%
Cap Rate
0.84
DSCR
$2,698
Rent
-$396
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,698 income − $3,094 expenses = $396 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,698
Total Expenses
$3,094
Mortgage P&I
61%
$1,650
Property Taxes
24%
$639
Home Insurance
4%
$103
HOA
0%
$0
Property Management
10%
$270
CapEx
5%
$135
Vacancy
6%
$162
Maintenance
5%
$135
Other
0%
$0