Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.41% first-year return on $124k initial cash invested.
-13.41%
Cash On Cash
3.45%
Cap Rate
0.58
DSCR
$2,845
Rent
-$1,383
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,845 income − $4,228 expenses = $1,383 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,893
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,845
Total Expenses
$4,228
Mortgage P&I
103%
$2,937
Property Taxes
12%
$342
Home Insurance
7%
$210
HOA
0%
$0
Property Management
10%
$284
CapEx
5%
$142
Vacancy
6%
$171
Maintenance
5%
$142
Other
0%
$0