Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.97% first-year return on $124k initial cash invested.
-15.97%
Cash On Cash
2.98%
Cap Rate
0.49
DSCR
$2,631
Rent
-$1,648
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,631 income − $4,279 expenses = $1,648 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,897
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,631
Total Expenses
$4,279
Mortgage P&I
113%
$2,979
Property Taxes
15%
$395
Home Insurance
8%
$214
HOA
0%
$6
Property Management
10%
$263
CapEx
5%
$132
Vacancy
6%
$158
Maintenance
5%
$132
Other
0%
$0