Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.65% first-year return on $124k initial cash invested.
-12.65%
Cash On Cash
3.65%
Cap Rate
0.61
DSCR
$2,923
Rent
-$1,306
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,923 income − $4,229 expenses = $1,306 out of pocket
Investment Breakdown
|
Purchase Price
$590k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,900
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,923
Total Expenses
$4,229
Mortgage P&I
101%
$2,955
Property Taxes
10%
$305
Home Insurance
7%
$210
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0