Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.78% first-year return on $62,517 initial cash invested.
-6.78%
Cash On Cash
5.3%
Cap Rate
0.84
DSCR
$1,963
Rent
-$353
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,963 income − $2,316 expenses = $353 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,517
Downpayment
20%
$59,540
Closing costs
1%
$2,977
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,963
Total Expenses
$2,316
Mortgage P&I
80%
$1,570
Property Taxes
6%
$114
Home Insurance
6%
$122
HOA
0%
$0
Property Management
10%
$196
CapEx
5%
$98
Vacancy
6%
$118
Maintenance
5%
$98
Other
0%
$0