Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.1% first-year return on $61,341 initial cash invested.
-9.1%
Cash On Cash
4.4%
Cap Rate
0.74
DSCR
$1,960
Rent
-$465
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,341
Downpayment
20%
$58,420
Closing costs
1%
$2,921
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,960
Total Expenses
$2,425
Mortgage P&I
73%
$1,439
Property Taxes
19%
$371
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
213 N Watkins St, Memphis, TN 38104 | $1,800 | 3 | 2 | 1800 | 0.2 mi |
256 N Willett St, Memphis, TN 38112 | $2,250 | 3 | 2 | 1805 | 0.2 mi |
420 N Mcneil St, Memphis, TN 38112 | $2,300 | 3 | 2 | 1900 | 0.3 mi |
78 Stonewall St, Memphis, TN 38104 | $1,895 | 3 | 2 | 1600 | 0.4 mi |
104 W Rancho Del Cerro | $2,500 | 4 | 2 | 2380 | 1.3 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 0.9 mi | |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
1255 S Forest Knoll St | $1,100 | 2 | 1 | 2020 | 0.9 mi |
2022 S American St | $2,850 | 5 | 4 | 3030 | 0.6 mi |
Projection Charts
Investment Value YoY
Annualized Return
Investment projections and seasonality
CoC vs Downpayment
Investment projections and seasonality
CoC vs Purchase Price
Investment projections and seasonality