Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $117k initial cash invested.
-15.31%
Cash On Cash
3.29%
Cap Rate
0.53
DSCR
$2,906
Rent
-$1,491
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,906 income − $4,397 expenses = $1,491 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,565
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,906
Total Expenses
$4,397
Mortgage P&I
99%
$2,874
Property Taxes
20%
$584
Home Insurance
6%
$184
HOA
0%
$0
Property Management
10%
$291
CapEx
5%
$145
Vacancy
6%
$174
Maintenance
5%
$145
Other
0%
$0