Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.51% first-year return on $59,514 initial cash invested.
-6.51%
Cash On Cash
5.07%
Cap Rate
0.84
DSCR
$2,009
Rent
-$323
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,009 income − $2,332 expenses = $323 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,514
Downpayment
20%
$56,680
Closing costs
1%
$2,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,009
Total Expenses
$2,332
Mortgage P&I
71%
$1,420
Property Taxes
14%
$288
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$201
CapEx
5%
$100
Vacancy
6%
$121
Maintenance
5%
$100
Other
0%
$0