Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15% first-year return on $89,985 initial cash invested.
-15%
Cash On Cash
2.99%
Cap Rate
0.51
DSCR
$2,206
Rent
-$1,125
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,206 income − $3,331 expenses = $1,125 out of pocket
Investment Breakdown
|
Purchase Price
$429k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,985
Downpayment
20%
$85,700
Closing costs
1%
$4,285
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,206
Total Expenses
$3,331
Mortgage P&I
94%
$2,084
Property Taxes
23%
$517
Home Insurance
7%
$157
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0