Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.65% first-year return on $62,202 initial cash invested.
-5.65%
Cash On Cash
5.25%
Cap Rate
0.87
DSCR
$2,018
Rent
-$293
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,018 income − $2,311 expenses = $293 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,202
Downpayment
20%
$59,240
Closing costs
1%
$2,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,018
Total Expenses
$2,311
Mortgage P&I
74%
$1,489
Property Taxes
10%
$192
Home Insurance
5%
$105
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0