Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -23.38% first-year return on $429k initial cash invested.
-23.38%
Cash On Cash
1.35%
Cap Rate
0.22
DSCR
$6,193
Rent
-$8,366
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,193 income − $14,559 expenses = $8,366 out of pocket
Investment Breakdown
|
Purchase Price
$2044k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$429k
Downpayment
20%
$409k
Closing costs
1%
$20,443
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,193
Total Expenses
$14,559
Mortgage P&I
167%
$10,358
Property Taxes
30%
$1,855
Home Insurance
12%
$735
HOA
0%
$0
Property Management
10%
$619
CapEx
5%
$310
Vacancy
6%
$372
Maintenance
5%
$310
Other
0%
$0