Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -28.24% first-year return on $298k initial cash invested.
-28.24%
Cash On Cash
1.01%
Cap Rate
0.15
DSCR
$2,330
Rent
-$7,002
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,330 income − $9,332 expenses = $7,002 out of pocket
Investment Breakdown
|
Purchase Price
$1417k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$298k
Downpayment
20%
$283k
Closing costs
1%
$14,167
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,330
Total Expenses
$9,332
Mortgage P&I
347%
$8,084
Property Taxes
5%
$118
Home Insurance
23%
$525
HOA
0%
$0
Property Management
10%
$233
CapEx
5%
$116
Vacancy
6%
$140
Maintenance
5%
$116
Other
0%
$0