Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.96% first-year return on $120k initial cash invested.
-15.96%
Cash On Cash
3.01%
Cap Rate
0.5
DSCR
$3,402
Rent
-$1,592
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,402 income − $4,994 expenses = $1,592 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,402
Total Expenses
$4,994
Mortgage P&I
84%
$2,852
Property Taxes
30%
$1,021
Home Insurance
6%
$200
HOA
1%
$37
Property Management
10%
$340
CapEx
5%
$170
Vacancy
6%
$204
Maintenance
5%
$170
Other
0%
$0