Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.17% first-year return on $124k initial cash invested.
-13.17%
Cash On Cash
3.39%
Cap Rate
0.57
DSCR
$2,465
Rent
-$1,358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,465 income − $3,823 expenses = $1,358 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,465
Total Expenses
$3,823
Mortgage P&I
118%
$2,901
Property Taxes
3%
$76
Home Insurance
8%
$206
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0