Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.05% first-year return on $61,698 initial cash invested.
-6.05%
Cash On Cash
5.51%
Cap Rate
0.87
DSCR
$2,117
Rent
-$311
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,117 income − $2,428 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,698
Downpayment
20%
$58,760
Closing costs
1%
$2,938
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,117
Total Expenses
$2,428
Mortgage P&I
73%
$1,553
Property Taxes
5%
$100
Home Insurance
5%
$107
HOA
6%
$117
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0