Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.99% first-year return on $120k initial cash invested.
-18.99%
Cash On Cash
2.51%
Cap Rate
0.4
DSCR
$2,248
Rent
-$1,894
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,248 income − $4,142 expenses = $1,894 out of pocket
Investment Breakdown
|
Purchase Price
$570k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,248
Total Expenses
$4,142
Mortgage P&I
132%
$2,976
Property Taxes
17%
$382
Home Insurance
9%
$200
HOA
0%
$0
Property Management
10%
$225
CapEx
5%
$112
Vacancy
6%
$135
Maintenance
5%
$112
Other
0%
$0