Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.72% first-year return on $62,202 initial cash invested.
-7.72%
Cash On Cash
4.98%
Cap Rate
0.81
DSCR
$2,061
Rent
-$400
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,061 income − $2,461 expenses = $400 out of pocket
Investment Breakdown
|
Purchase Price
$296k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$62,202
Downpayment
20%
$59,240
Closing costs
1%
$2,962
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,061
Total Expenses
$2,461
Mortgage P&I
74%
$1,525
Property Taxes
14%
$284
Home Insurance
5%
$110
HOA
0%
$6
Property Management
10%
$206
CapEx
5%
$103
Vacancy
6%
$124
Maintenance
5%
$103
Other
0%
$0