Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -3.93% first-year return on $62,538 initial cash invested.
-3.93%
Cash On Cash
5.67%
Cap Rate
0.93
DSCR
$2,032
Rent
-$205
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,032 income − $2,237 expenses = $205 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,538
Downpayment
20%
$59,560
Closing costs
1%
$2,978
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,032
Total Expenses
$2,237
Mortgage P&I
74%
$1,509
Property Taxes
3%
$69
Home Insurance
5%
$100
HOA
1%
$30
Property Management
10%
$203
CapEx
5%
$102
Vacancy
6%
$122
Maintenance
5%
$102
Other
0%
$0