Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $123k initial cash invested.
-12.72%
Cash On Cash
3.72%
Cap Rate
0.61
DSCR
$2,800
Rent
-$1,305
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,800 income − $4,105 expenses = $1,305 out of pocket
Investment Breakdown
|
Purchase Price
$586k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$123k
Downpayment
20%
$117k
Closing costs
1%
$5,861
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,800
Total Expenses
$4,105
Mortgage P&I
106%
$2,980
Property Taxes
7%
$187
Home Insurance
8%
$210
HOA
0%
$0
Property Management
10%
$280
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0