Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.66% first-year return on $89,082 initial cash invested.
-10.66%
Cash On Cash
4.02%
Cap Rate
0.68
DSCR
$2,280
Rent
-$791
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,280 income − $3,071 expenses = $791 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,082
Downpayment
20%
$84,840
Closing costs
1%
$4,242
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,280
Total Expenses
$3,071
Mortgage P&I
92%
$2,099
Property Taxes
10%
$225
Home Insurance
7%
$154
HOA
0%
$0
Property Management
10%
$228
CapEx
5%
$114
Vacancy
6%
$137
Maintenance
5%
$114
Other
0%
$0