Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.38% first-year return on $103k initial cash invested.
-14.38%
Cash On Cash
3.21%
Cap Rate
0.54
DSCR
$2,589
Rent
-$1,239
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,589 income − $3,828 expenses = $1,239 out of pocket
Investment Breakdown
|
Purchase Price
$492k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$103k
Downpayment
20%
$98,440
Closing costs
1%
$4,922
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,589
Total Expenses
$3,828
Mortgage P&I
94%
$2,426
Property Taxes
19%
$483
Home Insurance
7%
$172
HOA
3%
$75
Property Management
10%
$259
CapEx
5%
$129
Vacancy
6%
$155
Maintenance
5%
$129
Other
0%
$0