Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.55% first-year return on $103k initial cash invested.
-13.55%
Cash On Cash
3.38%
Cap Rate
0.57
DSCR
$2,409
Rent
-$1,165
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,409 income − $3,574 expenses = $1,165 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,240
Closing costs
1%
$4,912
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,409
Total Expenses
$3,574
Mortgage P&I
101%
$2,428
Property Taxes
12%
$279
Home Insurance
7%
$175
HOA
3%
$66
Property Management
10%
$241
CapEx
5%
$120
Vacancy
6%
$145
Maintenance
5%
$120
Other
0%
$0