Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.6% first-year return on $50,390 initial cash invested.
-8.6%
Cash On Cash
5.03%
Cap Rate
0.8
DSCR
$2,048
Rent
-$361
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,048 income − $2,409 expenses = $361 out of pocket
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,390
Downpayment
20%
$47,990
Closing costs
1%
$2,400
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,048
Total Expenses
$2,409
Mortgage P&I
62%
$1,265
Property Taxes
26%
$528
Home Insurance
4%
$84
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0