Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -8.56% first-year return on $117k initial cash invested.
-8.56%
Cash On Cash
4.62%
Cap Rate
0.76
DSCR
$3,146
Rent
-$834
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,146 income − $3,980 expenses = $834 out of pocket
Investment Breakdown
|
Purchase Price
$557k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$117k
Downpayment
20%
$111k
Closing costs
1%
$5,569
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,146
Total Expenses
$3,980
Mortgage P&I
90%
$2,821
Property Taxes
5%
$155
Home Insurance
6%
$186
HOA
0%
$0
Property Management
10%
$315
CapEx
5%
$157
Vacancy
6%
$189
Maintenance
5%
$157
Other
0%
$0