Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.5% first-year return on $51,324 initial cash invested.
-6.5%
Cash On Cash
5.51%
Cap Rate
0.86
DSCR
$1,894
Rent
-$278
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,894 income − $2,172 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,324
Downpayment
20%
$48,880
Closing costs
1%
$2,444
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,894
Total Expenses
$2,172
Mortgage P&I
69%
$1,305
Property Taxes
15%
$287
Home Insurance
5%
$87
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0