Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.55% first-year return on $103k initial cash invested.
-13.55%
Cash On Cash
3.52%
Cap Rate
0.59
DSCR
$2,890
Rent
-$1,159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,890 income − $4,049 expenses = $1,159 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,720
Closing costs
1%
$4,886
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,890
Total Expenses
$4,049
Mortgage P&I
85%
$2,449
Property Taxes
23%
$678
Home Insurance
6%
$172
HOA
0%
$0
Property Management
10%
$289
CapEx
5%
$144
Vacancy
6%
$173
Maintenance
5%
$144
Other
0%
$0