Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.15% first-year return on $58,779 initial cash invested.
-8.15%
Cash On Cash
4.81%
Cap Rate
0.8
DSCR
$2,262
Rent
-$399
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,262 income − $2,661 expenses = $399 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,262
Total Expenses
$2,661
Mortgage P&I
62%
$1,407
Property Taxes
18%
$405
Home Insurance
4%
$98
HOA
7%
$163
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0