Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $116k initial cash invested.
-15.73%
Cash On Cash
2.97%
Cap Rate
0.5
DSCR
$3,121
Rent
-$1,524
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,121 income − $4,645 expenses = $1,524 out of pocket
Investment Breakdown
|
Purchase Price
$554k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$111k
Closing costs
1%
$5,538
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,121
Total Expenses
$4,645
Mortgage P&I
88%
$2,740
Property Taxes
26%
$800
Home Insurance
6%
$198
HOA
3%
$96
Property Management
10%
$312
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0