Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.2% first-year return on $62,790 initial cash invested.
-5.2%
Cash On Cash
5.36%
Cap Rate
0.89
DSCR
$2,061
Rent
-$272
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,061 income − $2,333 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$299k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,790
Downpayment
20%
$59,800
Closing costs
1%
$2,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,061
Total Expenses
$2,333
Mortgage P&I
73%
$1,505
Property Taxes
9%
$187
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0