Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -10.11% first-year return on $124k initial cash invested.
-10.11%
Cash On Cash
4.32%
Cap Rate
0.72
DSCR
$4,010
Rent
-$1,041
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,010 income − $5,051 expenses = $1,041 out of pocket
Investment Breakdown
|
Purchase Price
$588k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,882
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,010
Total Expenses
$5,051
Mortgage P&I
74%
$2,958
Property Taxes
21%
$845
Home Insurance
5%
$206
HOA
0%
$0
Property Management
10%
$401
CapEx
5%
$200
Vacancy
6%
$241
Maintenance
5%
$200
Other
0%
$0