Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.8% first-year return on $68,124 initial cash invested.
-5.8%
Cash On Cash
5.1%
Cap Rate
0.87
DSCR
$2,308
Rent
-$329
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,308 income − $2,637 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$324k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,124
Downpayment
20%
$64,880
Closing costs
1%
$3,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,308
Total Expenses
$2,637
Mortgage P&I
69%
$1,594
Property Taxes
15%
$337
Home Insurance
5%
$107
HOA
0%
$0
Property Management
10%
$231
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0