Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13% first-year return on $88,641 initial cash invested.
-13%
Cash On Cash
3.8%
Cap Rate
0.61
DSCR
$2,301
Rent
-$960
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,301 income − $3,261 expenses = $960 out of pocket
Investment Breakdown
|
Purchase Price
$422k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,641
Downpayment
20%
$84,420
Closing costs
1%
$4,221
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,301
Total Expenses
$3,261
Mortgage P&I
95%
$2,181
Property Taxes
14%
$332
Home Insurance
7%
$150
HOA
0%
$0
Property Management
10%
$230
CapEx
5%
$115
Vacancy
6%
$138
Maintenance
5%
$115
Other
0%
$0