Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.24% first-year return on $116k initial cash invested.
-16.24%
Cash On Cash
2.75%
Cap Rate
0.47
DSCR
$2,806
Rent
-$1,574
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,806 income − $4,380 expenses = $1,574 out of pocket
Investment Breakdown
|
Purchase Price
$554k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$111k
Closing costs
1%
$5,538
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,806
Total Expenses
$4,380
Mortgage P&I
96%
$2,702
Property Taxes
27%
$762
Home Insurance
7%
$187
HOA
0%
$0
Property Management
10%
$281
CapEx
5%
$140
Vacancy
6%
$168
Maintenance
5%
$140
Other
0%
$0