Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -19.5% first-year return on $103k initial cash invested.
-19.5%
Cash On Cash
2.32%
Cap Rate
0.38
DSCR
$2,495
Rent
-$1,670
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,495 income − $4,165 expenses = $1,670 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,860
Closing costs
1%
$4,893
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,495
Total Expenses
$4,165
Mortgage P&I
100%
$2,489
Property Taxes
28%
$701
Home Insurance
7%
$175
HOA
6%
$150
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0