Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -2.83% first-year return on $48,300 initial cash invested.
-2.83%
Cash On Cash
6.1%
Cap Rate
0.98
DSCR
$1,796
Rent
-$114
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,796 income − $1,910 expenses = $114 out of pocket
Investment Breakdown
|
Purchase Price
$230k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$48,300
Downpayment
20%
$46,000
Closing costs
1%
$2,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,796
Total Expenses
$1,910
Mortgage P&I
66%
$1,194
Property Taxes
9%
$168
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0