Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -28.41% first-year return on $483k initial cash invested.
-28.41%
Cash On Cash
0.21%
Cap Rate
0.03
DSCR
$3,179
Rent
-$11,435
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,179 income − $14,614 expenses = $11,435 out of pocket
Investment Breakdown
|
Purchase Price
$2300k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$483k
Downpayment
20%
$460k
Closing costs
1%
$23,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,179
Total Expenses
$14,614
Mortgage P&I
367%
$11,678
Property Taxes
41%
$1,304
Home Insurance
25%
$805
HOA
0%
$0
Property Management
10%
$318
CapEx
5%
$159
Vacancy
6%
$191
Maintenance
5%
$159
Other
0%
$0