Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -36.41% first-year return on $2310k initial cash invested.
-36.41%
Cash On Cash
-1.62%
Cap Rate
-0.27
DSCR
$7,584
Rent
-$70,096
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,584 income − $77,680 expenses = $70,096 out of pocket
Investment Breakdown
|
Purchase Price
$11000k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$2310k
Downpayment
20%
$2200k
Closing costs
1%
$110k
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,584
Total Expenses
$77,680
Mortgage P&I
724%
$54,901
Property Taxes
224%
$16,958
Home Insurance
51%
$3,850
HOA
0%
$0
Property Management
10%
$758
CapEx
5%
$379
Vacancy
6%
$455
Maintenance
5%
$379
Other
0%
$0