Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.17% first-year return on $60,690 initial cash invested.
-6.17%
Cash On Cash
5.18%
Cap Rate
0.87
DSCR
$2,437
Rent
-$312
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,437 income − $2,749 expenses = $312 out of pocket
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,437
Total Expenses
$2,749
Mortgage P&I
59%
$1,438
Property Taxes
24%
$575
Home Insurance
4%
$102
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0