Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.62% first-year return on $116k initial cash invested.
-15.62%
Cash On Cash
3.18%
Cap Rate
0.51
DSCR
$2,362
Rent
-$1,504
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,362 income − $3,866 expenses = $1,504 out of pocket
Investment Breakdown
|
Purchase Price
$550k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$110k
Closing costs
1%
$5,503
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,362
Total Expenses
$3,866
Mortgage P&I
120%
$2,844
Property Taxes
6%
$151
Home Insurance
8%
$199
HOA
2%
$58
Property Management
10%
$236
CapEx
5%
$118
Vacancy
6%
$142
Maintenance
5%
$118
Other
0%
$0