Unlock all features! Tap here to upgrade
This property looks like a bad Long-Term investment with a projected -13.24% first-year return on $120k initial cash invested.
-13.24%
Cash On Cash
3.46%
Cap Rate
0.58
DSCR
$2,521
Rent
-$1,323
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,521 income − $3,844 expenses = $1,323 out of pocket
Investment Breakdown
|
Purchase Price
$571k
Downpayment
20.0%
Interest Rate
6.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$114k
Closing costs
1%
$5,712
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,521
Total Expenses
$3,844
Mortgage P&I
113%
$2,843
Property Taxes
6%
$140
Home Insurance
8%
$206
HOA
0%
$0
Property Management
10%
$252
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0