Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -5.6% first-year return on $59,829 initial cash invested.
-5.6%
Cash On Cash
5.05%
Cap Rate
0.88
DSCR
$2,298
Rent
-$279
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,298
Total Expenses
$2,577
Mortgage P&I
59%
$1,363
Property Taxes
22%
$516
Home Insurance
4%
$100
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0