Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.51% first-year return on $62,475 initial cash invested.
-9.51%
Cash On Cash
4.63%
Cap Rate
0.74
DSCR
$1,899
Rent
-$495
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,899 income − $2,394 expenses = $495 out of pocket
Investment Breakdown
|
Purchase Price
$298k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,475
Downpayment
20%
$59,500
Closing costs
1%
$2,975
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,899
Total Expenses
$2,394
Mortgage P&I
81%
$1,547
Property Taxes
13%
$248
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0