Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -29.5% first-year return on $466k initial cash invested.
-29.5%
Cash On Cash
0.32%
Cap Rate
0.05
DSCR
$6,251
Rent
-$11,461
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,251 income − $17,712 expenses = $11,461 out of pocket
Investment Breakdown
|
Purchase Price
$2220k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$466k
Downpayment
20%
$444k
Closing costs
1%
$22,198
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,251
Total Expenses
$17,712
Mortgage P&I
188%
$11,749
Property Taxes
46%
$2,871
Home Insurance
18%
$1,138
HOA
5%
$328
Property Management
10%
$625
CapEx
5%
$313
Vacancy
6%
$375
Maintenance
5%
$313
Other
0%
$0