Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.05% first-year return on $107k initial cash invested.
-6.05%
Cash On Cash
5.07%
Cap Rate
0.85
DSCR
$2,997
Rent
-$538
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,997 income − $3,535 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$508k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$107k
Downpayment
20%
$102k
Closing costs
1%
$5,080
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,997
Total Expenses
$3,535
Mortgage P&I
85%
$2,535
Property Taxes
1%
$42
Home Insurance
6%
$178
HOA
0%
$0
Property Management
10%
$300
CapEx
5%
$150
Vacancy
6%
$180
Maintenance
5%
$150
Other
0%
$0