Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -25.02% first-year return on $660k initial cash invested.
-25.02%
Cash On Cash
0.89%
Cap Rate
0.15
DSCR
$7,413
Rent
-$13,767
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,413 income − $21,180 expenses = $13,767 out of pocket
Investment Breakdown
|
Purchase Price
$3144k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$660k
Downpayment
20%
$629k
Closing costs
1%
$31,438
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,413
Total Expenses
$21,180
Mortgage P&I
212%
$15,737
Property Taxes
32%
$2,399
Home Insurance
15%
$1,116
HOA
0%
$0
Property Management
10%
$741
CapEx
5%
$371
Vacancy
6%
$445
Maintenance
5%
$371
Other
0%
$0