Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -19.49% first-year return on $124k initial cash invested.
-19.49%
Cash On Cash
2.08%
Cap Rate
0.35
DSCR
$2,293
Rent
-$2,009
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,293 income − $4,302 expenses = $2,009 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,293
Total Expenses
$4,302
Mortgage P&I
127%
$2,917
Property Taxes
25%
$582
Home Insurance
9%
$206
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0