Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -28.58% first-year return on $714k initial cash invested.
-28.58%
Cash On Cash
0.14%
Cap Rate
0.02
DSCR
$2,837
Rent
-$17,006
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,837 income − $19,843 expenses = $17,006 out of pocket
Investment Breakdown
|
Purchase Price
$3400k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$714k
Downpayment
20%
$680k
Closing costs
1%
$34,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,837
Total Expenses
$19,843
Mortgage P&I
609%
$17,264
Property Taxes
23%
$651
Home Insurance
42%
$1,190
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$170
Maintenance
5%
$142
Other
0%
$0