Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -22.61% first-year return on $338k initial cash invested.
-22.61%
Cash On Cash
1.81%
Cap Rate
0.29
DSCR
$6,185
Rent
-$6,358
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,185 income − $12,543 expenses = $6,358 out of pocket
Investment Breakdown
|
Purchase Price
$1607k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$338k
Downpayment
20%
$321k
Closing costs
1%
$16,072
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,185
Total Expenses
$12,543
Mortgage P&I
137%
$8,469
Property Taxes
29%
$1,819
Home Insurance
10%
$648
HOA
0%
$0
Property Management
10%
$618
CapEx
5%
$309
Vacancy
6%
$371
Maintenance
5%
$309
Other
0%
$0