Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.95% first-year return on $103k initial cash invested.
-13.95%
Cash On Cash
3.73%
Cap Rate
0.59
DSCR
$2,601
Rent
-$1,199
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,601 income − $3,800 expenses = $1,199 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,220
Closing costs
1%
$4,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,601
Total Expenses
$3,800
Mortgage P&I
100%
$2,595
Property Taxes
9%
$228
Home Insurance
6%
$168
HOA
5%
$133
Property Management
10%
$260
CapEx
5%
$130
Vacancy
6%
$156
Maintenance
5%
$130
Other
0%
$0