Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $231k initial cash invested.
-11.96%
Cash On Cash
3.69%
Cap Rate
0.62
DSCR
$5,010
Rent
-$2,300
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,010 income − $7,310 expenses = $2,300 out of pocket
Investment Breakdown
|
Purchase Price
$1099k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$231k
Downpayment
20%
$220k
Closing costs
1%
$10,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,010
Total Expenses
$7,310
Mortgage P&I
108%
$5,432
Property Taxes
4%
$191
Home Insurance
8%
$385
HOA
0%
$0
Property Management
10%
$501
CapEx
5%
$250
Vacancy
6%
$301
Maintenance
5%
$250
Other
0%
$0