Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $64,701 initial cash invested.
-10.55%
Cash On Cash
4.24%
Cap Rate
0.7
DSCR
$2,030
Rent
-$569
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,030 income − $2,599 expenses = $569 out of pocket
Investment Breakdown
|
Purchase Price
$308k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$64,701
Downpayment
20%
$61,620
Closing costs
1%
$3,081
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,030
Total Expenses
$2,599
Mortgage P&I
77%
$1,556
Property Taxes
20%
$402
Home Insurance
6%
$112
HOA
0%
$0
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0