Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.45% first-year return on $122k initial cash invested.
-16.45%
Cash On Cash
2.64%
Cap Rate
0.45
DSCR
$2,289
Rent
-$1,677
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,289 income − $3,966 expenses = $1,677 out of pocket
Investment Breakdown
|
Purchase Price
$583k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$117k
Closing costs
1%
$5,826
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,289
Total Expenses
$3,966
Mortgage P&I
124%
$2,847
Property Taxes
14%
$315
Home Insurance
9%
$210
HOA
0%
$0
Property Management
10%
$229
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0