Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.67% first-year return on $302k initial cash invested.
-24.67%
Cash On Cash
1.24%
Cap Rate
0.2
DSCR
$4,224
Rent
-$6,204
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,224 income − $10,428 expenses = $6,204 out of pocket
Investment Breakdown
|
Purchase Price
$1437k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$302k
Downpayment
20%
$287k
Closing costs
1%
$14,370
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,224
Total Expenses
$10,428
Mortgage P&I
177%
$7,475
Property Taxes
32%
$1,333
Home Insurance
12%
$523
HOA
0%
$0
Property Management
10%
$422
CapEx
5%
$211
Vacancy
6%
$253
Maintenance
5%
$211
Other
0%
$0