Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.05% first-year return on $73,479 initial cash invested.
-5.05%
Cash On Cash
5.31%
Cap Rate
0.89
DSCR
$2,224
Rent
-$309
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,224 income − $2,533 expenses = $309 out of pocket
Investment Breakdown
|
Purchase Price
$350k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,479
Downpayment
20%
$69,980
Closing costs
1%
$3,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,224
Total Expenses
$2,533
Mortgage P&I
79%
$1,746
Property Taxes
4%
$88
Home Insurance
5%
$122
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0