Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.74% first-year return on $113k initial cash invested.
-16.74%
Cash On Cash
3.1%
Cap Rate
0.49
DSCR
$2,502
Rent
-$1,572
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,502 income − $4,074 expenses = $1,572 out of pocket
Investment Breakdown
|
Purchase Price
$537k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$113k
Downpayment
20%
$107k
Closing costs
1%
$5,367
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,502
Total Expenses
$4,074
Mortgage P&I
113%
$2,833
Property Taxes
16%
$395
Home Insurance
8%
$196
HOA
0%
$0
Property Management
10%
$250
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0