Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.21% first-year return on $101k initial cash invested.
-16.21%
Cash On Cash
2.6%
Cap Rate
0.45
DSCR
$2,212
Rent
-$1,362
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,212 income − $3,574 expenses = $1,362 out of pocket
Investment Breakdown
|
Purchase Price
$480k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$101k
Downpayment
20%
$96,000
Closing costs
1%
$4,800
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,212
Total Expenses
$3,574
Mortgage P&I
104%
$2,290
Property Taxes
24%
$540
Home Insurance
8%
$168
HOA
0%
$0
Property Management
10%
$221
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0