Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $58,989 initial cash invested.
-7.87%
Cash On Cash
4.8%
Cap Rate
0.79
DSCR
$1,601
Rent
-$387
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,601 income − $1,988 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,989
Downpayment
20%
$56,180
Closing costs
1%
$2,809
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,601
Total Expenses
$1,988
Mortgage P&I
89%
$1,430
Property Taxes
3%
$41
Home Insurance
6%
$101
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0