Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -18.93% first-year return on $203k initial cash invested.
-18.93%
Cash On Cash
2.2%
Cap Rate
0.37
DSCR
$3,499
Rent
-$3,197
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,499 income − $6,696 expenses = $3,197 out of pocket
Investment Breakdown
|
Purchase Price
$965k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$203k
Downpayment
20%
$193k
Closing costs
1%
$9,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,499
Total Expenses
$6,696
Mortgage P&I
137%
$4,792
Property Taxes
13%
$453
Home Insurance
10%
$338
HOA
6%
$203
Property Management
10%
$350
CapEx
5%
$175
Vacancy
6%
$210
Maintenance
5%
$175
Other
0%
$0