Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.7% first-year return on $62,643 initial cash invested.
-2.7%
Cash On Cash
6.28%
Cap Rate
0.99
DSCR
$2,416
Rent
-$141
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,416 income − $2,557 expenses = $141 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,643
Downpayment
20%
$59,660
Closing costs
1%
$2,983
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,416
Total Expenses
$2,557
Mortgage P&I
65%
$1,581
Property Taxes
10%
$242
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$145
Maintenance
5%
$121
Other
0%
$0