Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.95% first-year return on $88,956 initial cash invested.
-7.95%
Cash On Cash
4.68%
Cap Rate
0.78
DSCR
$2,650
Rent
-$589
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,650 income − $3,239 expenses = $589 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,956
Downpayment
20%
$84,720
Closing costs
1%
$4,236
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,650
Total Expenses
$3,239
Mortgage P&I
80%
$2,110
Property Taxes
10%
$266
Home Insurance
6%
$150
HOA
1%
$25
Property Management
10%
$265
CapEx
5%
$132
Vacancy
6%
$159
Maintenance
5%
$132
Other
0%
$0