Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.34% first-year return on $61,570 initial cash invested.
-5.34%
Cash On Cash
5.4%
Cap Rate
0.88
DSCR
$2,032
Rent
-$274
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,032 income − $2,306 expenses = $274 out of pocket
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,570
Downpayment
20%
$58,638
Closing costs
1%
$2,932
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,032
Total Expenses
$2,306
Mortgage P&I
73%
$1,491
Property Taxes
3%
$55
Home Insurance
5%
$103
HOA
6%
$128
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0