Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $129k initial cash invested.
-14.76%
Cash On Cash
3%
Cap Rate
0.52
DSCR
$3,290
Rent
-$1,588
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,290 income − $4,878 expenses = $1,588 out of pocket
Investment Breakdown
|
Purchase Price
$615k
Downpayment
20.0%
Interest Rate
6.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$123k
Closing costs
1%
$6,148
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,290
Total Expenses
$4,878
Mortgage P&I
90%
$2,960
Property Taxes
26%
$844
Home Insurance
7%
$220
HOA
0%
$0
Property Management
10%
$329
CapEx
5%
$164
Vacancy
6%
$197
Maintenance
5%
$164
Other
0%
$0