Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.95% first-year return on $64,617 initial cash invested.
-2.95%
Cash On Cash
5.97%
Cap Rate
0.98
DSCR
$2,523
Rent
-$159
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,523 income − $2,682 expenses = $159 out of pocket
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,617
Downpayment
20%
$61,540
Closing costs
1%
$3,077
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,523
Total Expenses
$2,682
Mortgage P&I
62%
$1,565
Property Taxes
14%
$350
Home Insurance
4%
$112
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0