Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.27% first-year return on $103k initial cash invested.
-13.27%
Cash On Cash
3.49%
Cap Rate
0.58
DSCR
$2,337
Rent
-$1,135
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,337 income − $3,472 expenses = $1,135 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,780
Closing costs
1%
$4,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,337
Total Expenses
$3,472
Mortgage P&I
104%
$2,440
Property Taxes
11%
$249
Home Insurance
7%
$175
HOA
0%
$0
Property Management
10%
$234
CapEx
5%
$117
Vacancy
6%
$140
Maintenance
5%
$117
Other
0%
$0