Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.75% first-year return on $103k initial cash invested.
-14.75%
Cash On Cash
3.27%
Cap Rate
0.54
DSCR
$2,833
Rent
-$1,261
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,833 income − $4,094 expenses = $1,261 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,720
Closing costs
1%
$4,886
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,833
Total Expenses
$4,094
Mortgage P&I
87%
$2,451
Property Taxes
17%
$493
Home Insurance
6%
$173
HOA
8%
$240
Property Management
10%
$283
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0