Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -1.51% first-year return on $61,110 initial cash invested.
-1.51%
Cash On Cash
6.06%
Cap Rate
1.02
DSCR
$2,212
Rent
-$77
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,212 income − $2,289 expenses = $77 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,110
Downpayment
20%
$58,200
Closing costs
1%
$2,910
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,212
Total Expenses
$2,289
Mortgage P&I
65%
$1,436
Property Taxes
8%
$172
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0