Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -4.31% first-year return on $61,593 initial cash invested.
-4.31%
Cash On Cash
5.6%
Cap Rate
0.92
DSCR
$1,980
Rent
-$221
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,980 income − $2,201 expenses = $221 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,980
Total Expenses
$2,201
Mortgage P&I
75%
$1,491
Property Taxes
4%
$73
Home Insurance
5%
$105
HOA
1%
$17
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0