Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -20.62% first-year return on $131k initial cash invested.
-20.62%
Cash On Cash
1.86%
Cap Rate
0.31
DSCR
$2,381
Rent
-$2,244
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,381 income − $4,625 expenses = $2,244 out of pocket
Investment Breakdown
|
Purchase Price
$622k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$124k
Closing costs
1%
$6,219
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,381
Total Expenses
$4,625
Mortgage P&I
130%
$3,089
Property Taxes
30%
$707
Home Insurance
9%
$210
HOA
0%
$0
Property Management
10%
$238
CapEx
5%
$119
Vacancy
6%
$143
Maintenance
5%
$119
Other
0%
$0