Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.24% first-year return on $131k initial cash invested.
-18.24%
Cash On Cash
2.31%
Cap Rate
0.39
DSCR
$2,459
Rent
-$1,992
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,459 income − $4,451 expenses = $1,992 out of pocket
Investment Breakdown
|
Purchase Price
$624k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$131k
Downpayment
20%
$125k
Closing costs
1%
$6,240
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,459
Total Expenses
$4,451
Mortgage P&I
125%
$3,071
Property Taxes
21%
$513
Home Insurance
9%
$227
HOA
0%
$0
Property Management
10%
$246
CapEx
5%
$123
Vacancy
6%
$148
Maintenance
5%
$123
Other
0%
$0