Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.3% first-year return on $124k initial cash invested.
-16.3%
Cash On Cash
3.22%
Cap Rate
0.51
DSCR
$2,762
Rent
-$1,689
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,762 income − $4,451 expenses = $1,689 out of pocket
Investment Breakdown
|
Purchase Price
$592k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,920
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,762
Total Expenses
$4,451
Mortgage P&I
114%
$3,142
Property Taxes
11%
$301
Home Insurance
8%
$210
HOA
3%
$80
Property Management
10%
$276
CapEx
5%
$138
Vacancy
6%
$166
Maintenance
5%
$138
Other
0%
$0