Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.24% first-year return on $102k initial cash invested.
-14.24%
Cash On Cash
3.6%
Cap Rate
0.57
DSCR
$2,621
Rent
-$1,216
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,621 income − $3,837 expenses = $1,216 out of pocket
Investment Breakdown
|
Purchase Price
$488k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$97,600
Closing costs
1%
$4,880
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,621
Total Expenses
$3,837
Mortgage P&I
97%
$2,548
Property Taxes
0%
$8
Home Insurance
7%
$175
HOA
16%
$425
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0