Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -21.51% first-year return on $149k initial cash invested.
-21.51%
Cash On Cash
1.9%
Cap Rate
0.31
DSCR
$2,788
Rent
-$2,663
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,788 income − $5,451 expenses = $2,663 out of pocket
Investment Breakdown
|
Purchase Price
$707k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$149k
Downpayment
20%
$141k
Closing costs
1%
$7,073
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,788
Total Expenses
$5,451
Mortgage P&I
131%
$3,641
Property Taxes
10%
$288
Home Insurance
11%
$298
HOA
18%
$500
Property Management
10%
$279
CapEx
5%
$139
Vacancy
6%
$167
Maintenance
5%
$139
Other
0%
$0