Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.22% first-year return on $62,349 initial cash invested.
-9.22%
Cash On Cash
4.62%
Cap Rate
0.75
DSCR
$1,900
Rent
-$479
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,900 income − $2,379 expenses = $479 out of pocket
Investment Breakdown
|
Purchase Price
$297k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,349
Downpayment
20%
$59,380
Closing costs
1%
$2,969
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,900
Total Expenses
$2,379
Mortgage P&I
80%
$1,526
Property Taxes
13%
$254
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0