Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.82% first-year return on $58,800 initial cash invested.
-2.82%
Cash On Cash
5.66%
Cap Rate
0.97
DSCR
$2,061
Rent
-$138
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,061
Total Expenses
$2,199
Mortgage P&I
66%
$1,355
Property Taxes
10%
$210
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0