Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -22.75% first-year return on $438k initial cash invested.
-22.75%
Cash On Cash
2.13%
Cap Rate
0.32
DSCR
$6,172
Rent
-$8,308
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$6,172 income − $14,480 expenses = $8,308 out of pocket
Investment Breakdown
|
Purchase Price
$2087k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$438k
Downpayment
20%
$417k
Closing costs
1%
$20,871
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,172
Total Expenses
$14,480
Mortgage P&I
190%
$11,708
Property Taxes
10%
$609
Home Insurance
9%
$558
HOA
0%
$0
Property Management
10%
$617
CapEx
5%
$309
Vacancy
6%
$370
Maintenance
5%
$309
Other
0%
$0