Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -20.5% first-year return on $231k initial cash invested.
-20.5%
Cash On Cash
1.98%
Cap Rate
0.33
DSCR
$3,951
Rent
-$3,943
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,951 income − $7,894 expenses = $3,943 out of pocket
Investment Breakdown
|
Purchase Price
$1099k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$10,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,951
Total Expenses
$7,894
Mortgage P&I
141%
$5,561
Property Taxes
23%
$920
Home Insurance
10%
$385
HOA
0%
$0
Property Management
10%
$395
CapEx
5%
$198
Vacancy
6%
$237
Maintenance
5%
$198
Other
0%
$0