Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.23% first-year return on $85,974 initial cash invested.
-9.23%
Cash On Cash
4.31%
Cap Rate
0.73
DSCR
$2,303
Rent
-$661
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,303 income − $2,964 expenses = $661 out of pocket
Investment Breakdown
|
Purchase Price
$409k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$85,974
Downpayment
20%
$81,880
Closing costs
1%
$4,094
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,303
Total Expenses
$2,964
Mortgage P&I
88%
$2,017
Property Taxes
9%
$202
Home Insurance
6%
$147
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0