Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.02% first-year return on $471k initial cash invested.
-24.02%
Cash On Cash
1.24%
Cap Rate
0.2
DSCR
$5,053
Rent
-$9,435
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,053 income − $14,488 expenses = $9,435 out of pocket
Investment Breakdown
|
Purchase Price
$2245k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$471k
Downpayment
20%
$449k
Closing costs
1%
$22,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,053
Total Expenses
$14,488
Mortgage P&I
228%
$11,496
Property Taxes
17%
$867
Home Insurance
16%
$786
HOA
0%
$25
Property Management
10%
$505
CapEx
5%
$253
Vacancy
6%
$303
Maintenance
5%
$253
Other
0%
$0