Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.02% first-year return on $137k initial cash invested.
-16.02%
Cash On Cash
2.96%
Cap Rate
0.49
DSCR
$2,465
Rent
-$1,822
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,465 income − $4,287 expenses = $1,822 out of pocket
Investment Breakdown
|
Purchase Price
$650k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$137k
Downpayment
20%
$130k
Closing costs
1%
$6,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,465
Total Expenses
$4,287
Mortgage P&I
134%
$3,304
Property Taxes
5%
$115
Home Insurance
9%
$228
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0