Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -23.47% first-year return on $120k initial cash invested.
-23.47%
Cash On Cash
1.35%
Cap Rate
0.22
DSCR
$2,283
Rent
-$2,348
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,283 income − $4,631 expenses = $2,348 out of pocket
Investment Breakdown
|
Purchase Price
$572k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,283
Total Expenses
$4,631
Mortgage P&I
126%
$2,876
Property Taxes
21%
$489
Home Insurance
9%
$208
HOA
20%
$465
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0