Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -9.86% first-year return on $118k initial cash invested.
-9.86%
Cash On Cash
4.2%
Cap Rate
0.71
DSCR
$3,161
Rent
-$970
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,161 income − $4,131 expenses = $970 out of pocket
Investment Breakdown
|
Purchase Price
$562k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$118k
Downpayment
20%
$112k
Closing costs
1%
$5,620
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,161
Total Expenses
$4,131
Mortgage P&I
88%
$2,781
Property Taxes
8%
$248
Home Insurance
9%
$280
HOA
0%
$0
Property Management
10%
$316
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0