Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.48% first-year return on $242k initial cash invested.
-15.48%
Cash On Cash
3.12%
Cap Rate
0.51
DSCR
$4,424
Rent
-$3,116
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,424 income − $7,540 expenses = $3,116 out of pocket
Investment Breakdown
|
Purchase Price
$1150k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$242k
Downpayment
20%
$230k
Closing costs
1%
$11,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,424
Total Expenses
$7,540
Mortgage P&I
133%
$5,882
Property Taxes
2%
$107
Home Insurance
9%
$402
HOA
0%
$0
Property Management
10%
$442
CapEx
5%
$221
Vacancy
6%
$265
Maintenance
5%
$221
Other
0%
$0