Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -3.93% first-year return on $62,601 initial cash invested.
-3.93%
Cash On Cash
5.6%
Cap Rate
0.93
DSCR
$2,016
Rent
-$205
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,016 income − $2,221 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,601
Downpayment
20%
$59,620
Closing costs
1%
$2,981
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,016
Total Expenses
$2,221
Mortgage P&I
74%
$1,496
Property Taxes
3%
$67
Home Insurance
5%
$108
HOA
1%
$25
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0