Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.09% first-year return on $103k initial cash invested.
-14.09%
Cash On Cash
3.42%
Cap Rate
0.56
DSCR
$2,622
Rent
-$1,206
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,622 income − $3,828 expenses = $1,206 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.5%
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
$2,622
Total Expenses
$3,828
Mortgage P&I
94%
$2,468
Property Taxes
19%
$508
Home Insurance
7%
$171
HOA
0%
$0
Property Management
10%
$262
CapEx
5%
$131
Vacancy
6%
$157
Maintenance
5%
$131
Other
0%
$0