Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $116k initial cash invested.
-12.39%
Cash On Cash
3.88%
Cap Rate
0.63
DSCR
$2,961
Rent
-$1,200
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,961 income − $4,161 expenses = $1,200 out of pocket
Investment Breakdown
|
Purchase Price
$553k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$116k
Downpayment
20%
$111k
Closing costs
1%
$5,534
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,961
Total Expenses
$4,161
Mortgage P&I
96%
$2,842
Property Taxes
11%
$315
Home Insurance
7%
$196
HOA
1%
$38
Property Management
10%
$296
CapEx
5%
$148
Vacancy
6%
$178
Maintenance
5%
$148
Other
0%
$0