Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $61,131 initial cash invested.
-4.77%
Cash On Cash
5.94%
Cap Rate
0.93
DSCR
$2,542
Rent
-$243
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,542 income − $2,785 expenses = $243 out of pocket
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$61,131
Downpayment
20%
$58,220
Closing costs
1%
$2,911
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,542
Total Expenses
$2,785
Mortgage P&I
61%
$1,558
Property Taxes
18%
$468
Home Insurance
4%
$98
HOA
0%
$0
Property Management
10%
$254
CapEx
5%
$127
Vacancy
6%
$153
Maintenance
5%
$127
Other
0%
$0