Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -16.69% first-year return on $103k initial cash invested.
-16.69%
Cash On Cash
2.9%
Cap Rate
0.48
DSCR
$2,487
Rent
-$1,434
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,487 income − $3,921 expenses = $1,434 out of pocket
Investment Breakdown
|
Purchase Price
$491k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,220
Closing costs
1%
$4,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,487
Total Expenses
$3,921
Mortgage P&I
100%
$2,496
Property Taxes
22%
$554
Home Insurance
7%
$175
HOA
2%
$50
Property Management
10%
$249
CapEx
5%
$124
Vacancy
6%
$149
Maintenance
5%
$124
Other
0%
$0