Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $58,779 initial cash invested.
-6.74%
Cash On Cash
5.38%
Cap Rate
0.84
DSCR
$1,979
Rent
-$330
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,979 income − $2,309 expenses = $330 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,979
Total Expenses
$2,309
Mortgage P&I
75%
$1,487
Property Taxes
11%
$209
Home Insurance
5%
$98
HOA
0%
$0
Property Management
10%
$198
CapEx
5%
$99
Vacancy
6%
$119
Maintenance
5%
$99
Other
0%
$0