Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.7% first-year return on $293k initial cash invested.
-12.7%
Cash On Cash
3.7%
Cap Rate
0.61
DSCR
$6,216
Rent
-$3,100
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,216 income − $9,316 expenses = $3,100 out of pocket
Investment Breakdown
|
Purchase Price
$1395k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$293k
Downpayment
20%
$279k
Closing costs
1%
$13,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,216
Total Expenses
$9,316
Mortgage P&I
114%
$7,085
Property Taxes
2%
$126
Home Insurance
8%
$488
HOA
0%
$0
Property Management
10%
$622
CapEx
5%
$311
Vacancy
6%
$373
Maintenance
5%
$311
Other
0%
$0