Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.57% first-year return on $62,076 initial cash invested.
-6.57%
Cash On Cash
5.38%
Cap Rate
0.85
DSCR
$1,988
Rent
-$340
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,988 income − $2,328 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,076
Downpayment
20%
$59,120
Closing costs
1%
$2,956
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,988
Total Expenses
$2,328
Mortgage P&I
79%
$1,567
Property Taxes
7%
$140
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$199
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0