Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.76% first-year return on $58,779 initial cash invested.
-15.76%
Cash On Cash
3.03%
Cap Rate
0.5
DSCR
$1,499
Rent
-$772
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$1,499 income − $2,271 expenses = $772 out of pocket
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.4%
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
$1,499
Total Expenses
$2,271
Mortgage P&I
94%
$1,404
Property Taxes
25%
$379
Home Insurance
7%
$98
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0