Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.07% first-year return on $89,124 initial cash invested.
-14.07%
Cash On Cash
3.43%
Cap Rate
0.56
DSCR
$2,100
Rent
-$1,045
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,100 income − $3,145 expenses = $1,045 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$89,124
Downpayment
20%
$84,880
Closing costs
1%
$4,244
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,100
Total Expenses
$3,145
Mortgage P&I
103%
$2,154
Property Taxes
10%
$218
Home Insurance
7%
$150
HOA
4%
$77
Property Management
10%
$210
CapEx
5%
$105
Vacancy
6%
$126
Maintenance
5%
$105
Other
0%
$0