Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -20.21% first-year return on $420k initial cash invested.
-20.21%
Cash On Cash
2.06%
Cap Rate
0.34
DSCR
$7,400
Rent
-$7,067
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,400 income − $14,467 expenses = $7,067 out of pocket
Investment Breakdown
|
Purchase Price
$1998k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$420k
Downpayment
20%
$400k
Closing costs
1%
$19,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,400
Total Expenses
$14,467
Mortgage P&I
137%
$10,122
Property Taxes
23%
$1,722
Home Insurance
9%
$699
HOA
0%
$0
Property Management
10%
$740
CapEx
5%
$370
Vacancy
6%
$444
Maintenance
5%
$370
Other
0%
$0