Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -17.07% first-year return on $61,026 initial cash invested.
-17.07%
Cash On Cash
2.96%
Cap Rate
0.48
DSCR
$2,116
Rent
-$868
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,116 income − $2,984 expenses = $868 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,026
Downpayment
20%
$58,120
Closing costs
1%
$2,906
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,116
Total Expenses
$2,984
Mortgage P&I
70%
$1,479
Property Taxes
19%
$406
Home Insurance
5%
$105
HOA
21%
$443
Property Management
10%
$212
CapEx
5%
$106
Vacancy
6%
$127
Maintenance
5%
$106
Other
0%
$0