Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.1% first-year return on $62,139 initial cash invested.
-2.1%
Cash On Cash
6.02%
Cap Rate
1.01
DSCR
$2,441
Rent
-$109
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,441 income − $2,550 expenses = $109 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,139
Downpayment
20%
$59,180
Closing costs
1%
$2,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,441
Total Expenses
$2,550
Mortgage P&I
60%
$1,471
Property Taxes
14%
$340
Home Insurance
4%
$105
HOA
0%
$0
Property Management
10%
$244
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0