Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -11.17% first-year return on $88,830 initial cash invested.
-11.17%
Cash On Cash
4%
Cap Rate
0.67
DSCR
$2,474
Rent
-$827
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,474 income − $3,301 expenses = $827 out of pocket
Investment Breakdown
|
Purchase Price
$423k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,830
Downpayment
20%
$84,600
Closing costs
1%
$4,230
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,474
Total Expenses
$3,301
Mortgage P&I
85%
$2,114
Property Taxes
13%
$332
Home Insurance
6%
$150
HOA
3%
$62
Property Management
10%
$247
CapEx
5%
$124
Vacancy
6%
$148
Maintenance
5%
$124
Other
0%
$0