Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $122k initial cash invested.
-10.04%
Cash On Cash
3.91%
Cap Rate
0.68
DSCR
$2,657
Rent
-$1,020
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,657 income − $3,677 expenses = $1,020 out of pocket
Investment Breakdown
|
Purchase Price
$580k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,803
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,657
Total Expenses
$3,677
Mortgage P&I
105%
$2,780
Property Taxes
0%
$1
Home Insurance
8%
$203
HOA
0%
$2
Property Management
10%
$266
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0