Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.74% first-year return on $61,110 initial cash invested.
-8.74%
Cash On Cash
4.61%
Cap Rate
0.77
DSCR
$2,222
Rent
-$445
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,222 income − $2,667 expenses = $445 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,110
Downpayment
20%
$58,200
Closing costs
1%
$2,910
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,222
Total Expenses
$2,667
Mortgage P&I
65%
$1,451
Property Taxes
24%
$537
Home Insurance
5%
$102
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0