Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.23% first-year return on $123k initial cash invested.
-14.23%
Cash On Cash
3.21%
Cap Rate
0.54
DSCR
$2,562
Rent
-$1,458
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,562 income − $4,020 expenses = $1,458 out of pocket
Investment Breakdown
|
Purchase Price
$586k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,855
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,562
Total Expenses
$4,020
Mortgage P&I
113%
$2,898
Property Taxes
9%
$239
Home Insurance
8%
$217
HOA
0%
$0
Property Management
10%
$256
CapEx
5%
$128
Vacancy
6%
$154
Maintenance
5%
$128
Other
0%
$0