Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -23.24% first-year return on $341k initial cash invested.
-23.24%
Cash On Cash
1.46%
Cap Rate
0.24
DSCR
$5,338
Rent
-$6,596
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,338 income − $11,934 expenses = $6,596 out of pocket
Investment Breakdown
|
Purchase Price
$1622k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$341k
Downpayment
20%
$324k
Closing costs
1%
$16,217
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,338
Total Expenses
$11,934
Mortgage P&I
156%
$8,307
Property Taxes
28%
$1,512
Home Insurance
11%
$577
HOA
3%
$150
Property Management
10%
$534
CapEx
5%
$267
Vacancy
6%
$320
Maintenance
5%
$267
Other
0%
$0