Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.06% first-year return on $88,956 initial cash invested.
-14.06%
Cash On Cash
3.54%
Cap Rate
0.58
DSCR
$2,553
Rent
-$1,042
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,553 income − $3,595 expenses = $1,042 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,956
Downpayment
20%
$84,720
Closing costs
1%
$4,236
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,553
Total Expenses
$3,595
Mortgage P&I
85%
$2,165
Property Taxes
24%
$616
Home Insurance
6%
$150
HOA
0%
$0
Property Management
10%
$255
CapEx
5%
$128
Vacancy
6%
$153
Maintenance
5%
$128
Other
0%
$0