Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $594k initial cash invested.
-15.54%
Cash On Cash
3.06%
Cap Rate
0.51
DSCR
$13,984
Rent
-$7,694
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$13,984 income − $21,678 expenses = $7,694 out of pocket
Investment Breakdown
|
Purchase Price
$2829k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$594k
Downpayment
20%
$566k
Closing costs
1%
$28,290
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$13,984
Total Expenses
$21,678
Mortgage P&I
102%
$14,216
Property Taxes
20%
$2,837
Home Insurance
7%
$990
HOA
0%
$0
Property Management
10%
$1,398
CapEx
5%
$699
Vacancy
6%
$839
Maintenance
5%
$699
Other
0%
$0