Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -24.41% first-year return on $122k initial cash invested.
-24.41%
Cash On Cash
1.81%
Cap Rate
0.28
DSCR
$3,410
Rent
-$2,483
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,410 income − $5,893 expenses = $2,483 out of pocket
Investment Breakdown
|
Purchase Price
$581k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$122k
Downpayment
20%
$116k
Closing costs
1%
$5,813
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,410
Total Expenses
$5,893
Mortgage P&I
94%
$3,192
Property Taxes
45%
$1,542
Home Insurance
8%
$273
HOA
0%
$0
Property Management
10%
$341
CapEx
5%
$170
Vacancy
6%
$205
Maintenance
5%
$170
Other
0%
$0