Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -17.2% first-year return on $62,370 initial cash invested.
-17.2%
Cash On Cash
3.49%
Cap Rate
0.52
DSCR
$2,221
Rent
-$894
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,221 income − $3,115 expenses = $894 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,370
Downpayment
20%
$59,400
Closing costs
1%
$2,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,221
Total Expenses
$3,115
Mortgage P&I
74%
$1,646
Property Taxes
32%
$721
Home Insurance
5%
$105
HOA
3%
$66
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0