Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.68% first-year return on $62,580 initial cash invested.
-2.68%
Cash On Cash
5.95%
Cap Rate
0.98
DSCR
$2,183
Rent
-$140
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,183 income − $2,323 expenses = $140 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,580
Downpayment
20%
$59,600
Closing costs
1%
$2,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,183
Total Expenses
$2,323
Mortgage P&I
69%
$1,508
Property Taxes
5%
$119
Home Insurance
5%
$104
HOA
1%
$25
Property Management
10%
$218
CapEx
5%
$109
Vacancy
6%
$131
Maintenance
5%
$109
Other
0%
$0