Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $103k initial cash invested.
-17.99%
Cash On Cash
2.72%
Cap Rate
0.44
DSCR
$2,046
Rent
-$1,538
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,046 income − $3,584 expenses = $1,538 out of pocket
Investment Breakdown
|
Purchase Price
$489k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$97,720
Closing costs
1%
$4,886
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,046
Total Expenses
$3,584
Mortgage P&I
124%
$2,543
Property Taxes
16%
$334
Home Insurance
9%
$175
HOA
0%
$0
Property Management
10%
$205
CapEx
5%
$102
Vacancy
6%
$123
Maintenance
5%
$102
Other
0%
$0