Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -12.77% first-year return on $315k initial cash invested.
-12.77%
Cash On Cash
3.56%
Cap Rate
0.6
DSCR
$7,001
Rent
-$3,351
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$7,001 income − $10,352 expenses = $3,351 out of pocket
Investment Breakdown
|
Purchase Price
$1500k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$315k
Downpayment
20%
$300k
Closing costs
1%
$15,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$7,001
Total Expenses
$10,352
Mortgage P&I
106%
$7,451
Property Taxes
8%
$556
Home Insurance
8%
$525
HOA
0%
$0
Property Management
10%
$700
CapEx
5%
$350
Vacancy
6%
$420
Maintenance
5%
$350
Other
0%
$0