Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -21.51% first-year return on $567k initial cash invested.
-21.51%
Cash On Cash
1.72%
Cap Rate
0.28
DSCR
$6,664
Rent
-$10,162
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,664 income − $16,826 expenses = $10,162 out of pocket
Investment Breakdown
|
Purchase Price
$2700k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$567k
Downpayment
20%
$540k
Closing costs
1%
$27,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,664
Total Expenses
$16,826
Mortgage P&I
206%
$13,710
Property Taxes
7%
$439
Home Insurance
14%
$945
HOA
0%
$0
Property Management
10%
$666
CapEx
5%
$333
Vacancy
6%
$400
Maintenance
5%
$333
Other
0%
$0