Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.4% first-year return on $103k initial cash invested.
-14.4%
Cash On Cash
3.99%
Cap Rate
0.6
DSCR
$2,840
Rent
-$1,232
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,840 income − $4,072 expenses = $1,232 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,800
Closing costs
1%
$4,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,840
Total Expenses
$4,072
Mortgage P&I
96%
$2,714
Property Taxes
16%
$449
Home Insurance
6%
$171
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0