Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.04% first-year return on $487k initial cash invested.
-24.04%
Cash On Cash
1.09%
Cap Rate
0.18
DSCR
$6,003
Rent
-$9,762
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,003 income − $15,765 expenses = $9,762 out of pocket
Investment Breakdown
|
Purchase Price
$2321k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$487k
Downpayment
20%
$464k
Closing costs
1%
$23,209
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,003
Total Expenses
$15,765
Mortgage P&I
193%
$11,564
Property Taxes
30%
$1,810
Home Insurance
14%
$831
HOA
0%
$0
Property Management
10%
$600
CapEx
5%
$300
Vacancy
6%
$360
Maintenance
5%
$300
Other
0%
$0