Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -7.87% first-year return on $124k initial cash invested.
-7.87%
Cash On Cash
4.64%
Cap Rate
0.78
DSCR
$3,709
Rent
-$811
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,709 income − $4,520 expenses = $811 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,709
Total Expenses
$4,520
Mortgage P&I
78%
$2,903
Property Taxes
12%
$447
Home Insurance
6%
$206
HOA
0%
$0
Property Management
10%
$371
CapEx
5%
$185
Vacancy
6%
$223
Maintenance
5%
$185
Other
0%
$0