Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.05% first-year return on $102k initial cash invested.
-13.05%
Cash On Cash
3.53%
Cap Rate
0.59
DSCR
$2,493
Rent
-$1,107
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,493 income − $3,600 expenses = $1,107 out of pocket
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$102k
Downpayment
20%
$96,940
Closing costs
1%
$4,847
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,493
Total Expenses
$3,600
Mortgage P&I
97%
$2,409
Property Taxes
15%
$371
Home Insurance
7%
$171
HOA
0%
$0
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$150
Maintenance
5%
$125
Other
0%
$0