Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.75% first-year return on $129k initial cash invested.
-18.75%
Cash On Cash
2.26%
Cap Rate
0.38
DSCR
$2,645
Rent
-$2,021
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,645 income − $4,666 expenses = $2,021 out of pocket
Investment Breakdown
|
Purchase Price
$616k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,159
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,645
Total Expenses
$4,666
Mortgage P&I
115%
$3,049
Property Taxes
24%
$632
Home Insurance
11%
$298
HOA
0%
$0
Property Management
10%
$264
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0