Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $103k initial cash invested.
-12.74%
Cash On Cash
3.79%
Cap Rate
0.62
DSCR
$2,651
Rent
-$1,091
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,651 income − $3,742 expenses = $1,091 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,860
Closing costs
1%
$4,893
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,651
Total Expenses
$3,742
Mortgage P&I
94%
$2,503
Property Taxes
14%
$371
Home Insurance
7%
$178
HOA
0%
$0
Property Management
10%
$265
CapEx
5%
$133
Vacancy
6%
$159
Maintenance
5%
$133
Other
0%
$0