Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.11% first-year return on $123k initial cash invested.
-24.11%
Cash On Cash
1.25%
Cap Rate
0.21
DSCR
$2,831
Rent
-$2,469
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,831 income − $5,300 expenses = $2,469 out of pocket
Investment Breakdown
|
Purchase Price
$585k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,852
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,831
Total Expenses
$5,300
Mortgage P&I
104%
$2,938
Property Taxes
41%
$1,162
Home Insurance
7%
$210
HOA
9%
$253
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0