Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -15.64% first-year return on $222k initial cash invested.
-15.64%
Cash On Cash
3.05%
Cap Rate
0.5
DSCR
$4,623
Rent
-$2,900
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,623 income − $7,523 expenses = $2,900 out of pocket
Investment Breakdown
|
Purchase Price
$1060k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$222k
Downpayment
20%
$212k
Closing costs
1%
$10,595
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,623
Total Expenses
$7,523
Mortgage P&I
116%
$5,365
Property Taxes
12%
$572
Home Insurance
8%
$385
HOA
0%
$0
Property Management
10%
$462
CapEx
5%
$231
Vacancy
6%
$277
Maintenance
5%
$231
Other
0%
$0