Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.44% first-year return on $130k initial cash invested.
-18.44%
Cash On Cash
2.92%
Cap Rate
0.45
DSCR
$2,430
Rent
-$2,001
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,430 income − $4,431 expenses = $2,001 out of pocket
Investment Breakdown
|
Purchase Price
$620k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$130k
Downpayment
20%
$124k
Closing costs
1%
$6,200
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,430
Total Expenses
$4,431
Mortgage P&I
139%
$3,389
Property Taxes
8%
$192
Home Insurance
9%
$217
HOA
0%
$0
Property Management
10%
$243
CapEx
5%
$122
Vacancy
6%
$146
Maintenance
5%
$122
Other
0%
$0