Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -20.26% first-year return on $119k initial cash invested.
-20.26%
Cash On Cash
2.16%
Cap Rate
0.35
DSCR
$2,485
Rent
-$2,003
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,485 income − $4,488 expenses = $2,003 out of pocket
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$113k
Closing costs
1%
$5,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,485
Total Expenses
$4,488
Mortgage P&I
116%
$2,894
Property Taxes
17%
$418
Home Insurance
8%
$198
HOA
13%
$333
Property Management
10%
$248
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0