Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.78% first-year return on $103k initial cash invested.
-8.78%
Cash On Cash
4.58%
Cap Rate
0.75
DSCR
$2,915
Rent
-$753
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,915 income − $3,668 expenses = $753 out of pocket
Investment Breakdown
|
Purchase Price
$490k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,020
Closing costs
1%
$4,901
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,915
Total Expenses
$3,668
Mortgage P&I
85%
$2,477
Property Taxes
9%
$254
Home Insurance
6%
$178
HOA
0%
$0
Property Management
10%
$292
CapEx
5%
$146
Vacancy
6%
$175
Maintenance
5%
$146
Other
0%
$0