Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -23.49% first-year return on $119k initial cash invested.
-23.49%
Cash On Cash
1.37%
Cap Rate
0.23
DSCR
$2,491
Rent
-$2,323
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,491 income − $4,814 expenses = $2,323 out of pocket
Investment Breakdown
|
Purchase Price
$565k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$119k
Downpayment
20%
$113k
Closing costs
1%
$5,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,491
Total Expenses
$4,814
Mortgage P&I
114%
$2,841
Property Taxes
42%
$1,049
Home Insurance
8%
$198
HOA
3%
$78
Property Management
10%
$249
CapEx
5%
$125
Vacancy
6%
$149
Maintenance
5%
$125
Other
0%
$0