Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.5% first-year return on $89,124 initial cash invested.
-6.5%
Cash On Cash
5.1%
Cap Rate
0.84
DSCR
$2,872
Rent
-$483
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,872 income − $3,355 expenses = $483 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,872
Total Expenses
$3,355
Mortgage P&I
75%
$2,141
Property Taxes
11%
$318
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$287
CapEx
5%
$144
Vacancy
6%
$172
Maintenance
5%
$144
Other
0%
$0